AI-based assessment firm wins ‘Shark Tank-style’ competition at Collaboration in the Gig Economy conference
AI-based assessment firm wins ‘Shark Tank-style’ competition at Collaboration in the Gig Economy conference
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Glider.ai won a competition styled after the television show “Shark Tank” on Wednesday at the Collaboration in the Gig Economy conference in Phoenix. Glider.ai is a provider of artificial intelligence-based pre-employment assessments. Competition was among four finalists, and the audience choice award went to myBasePay, a provider of back-office solutions for staffing firms.
The two other finalists presenting were Mothership, a talent platform that matches vetted freelancers who have worked for the world’s biggest brands to client companies, and WillHire, a provider of direct-sourcing solutions.
“Glider is on a mission to make hiring fair and opportunity accessible,” CEO Satish Kumar told the judges.
Kumar noted one aim of Glider.ai is to reduce fraud. Its assessment platform accesses job candidates’ webcams so the assessment tests are proctored and any outside contact by candidates is recorded. The company’s customers include Infosys, Facebook, Amazon and Intuit.
“It’s a great pitch for sure,” said Shark Tank Judge Art Papas, founder and CEO of staffing software provider Bullhorn. Papas noted that a person who takes a test is not always the same one who shows up for a job.
Other Shark Tank judges were Allison Robinson, CEO and founder of The Mom Project, and John Healy, VP, blockchain task force chair, World Employment Confederation, and chief executive at Whrrr.
The competition was moderated by Brian Wallins, research manager at Staffing Industry Analysts.
Each of the four finalists received five minutes to present their companies, then they responded to questions from judges. At the end of the competition, the judges voted on a winner as did the audience.
Winning the audience vote was myBasePay.
Presenting for myBasePay were co-founders Angela Alberty and CEO Cesar Jimenez. They noted the company focuses on white-collar workers and has more than 60 enterprise clients. The company had announced a $60 million funding round last week. They also highlighted myBasePay’s diversity during the competition.
Presenting for Mothership was founder and CEO Ilyse Shuster-Frohman. She likened her platform to going to the genius bar at an Apple store, and said it focuses on freelancers who come from the largest brands. Talent is available on a 1099 and W-2 basis, and average length of projects is three months.
WillHire’s presenter was CEO Praneeth Patlola. His company, which provides direct sourcing, launched in July 2020 and has 70 enterprise clients.
In the judge’s discussion on the competition, Healy noted the hiring system was broken and the solutions presented fixed pieces but work needs to be done to solve bigger problems.
Papas said the pitches ”were all very good, I would have liked a little more numbers,” he said.