PredictiveHR Secures First Round Of Funding And Creates A Strategic Alliance With TrenData
Partnership accelerates the further development of PredictiveHR People Analytics solution and go to market strategy
March 13, 2018 --
BOSTON, March 13, 2018 /PRNewswire/ -- Today, PredictiveHR (PHR), a human capital data analytics company, announced an alliance with TrenData, a developer of AI-driven people analytics software, that includes a technology license agreement, an infusion of operating capital and collaborative go-to-market strategy. This comes on the heels of a number of key client wins by PHR in 2017 extending into 2018.
"PredictiveHR has a deep consultative knowledge of the analytics space that is delivering quantifiable ROI to their larger, complex clients," said Tom McKeown, CEO and Cofounder of TrenData. "We are excited to make this investment in technology and capital in PredictiveHR, and believe it will greatly accelerate the momentum the company has already demonstrated."
PredictiveHR, formed in 2016, is on the cutting edge of Human Resources technology and data integration and analytics. The company's proprietary A.I. Engine and unparalleled HR domain expertise has allowed PHR to help organizations aggregate disparate HR and business systems to deliver meaningful and easy-to-use dashboard reports and analysis right to the desktop of HR executives.
"The team at TrenData bring deep experience in Human Capital Systems and Analytics as well as the capital structures needed to help PHR become a major force in our industry," said David Pollard, CEO of PredictiveHR. "We could not be more excited for the future of the company and the benefits this partnership will provide to our customers."
PredictiveHR has shown early success within client organizations seeking to fully leverage their HR Data into quantifiable business results. Demand for PredictiveHR's proprietary Artificial Intelligence Engine and Analytics Dashboard continues to grow as the company is now positioning itself for accelerated growth.
About Predictive HR
Headquartered in Boston, MA, PredictiveHR provides Human Resources and C-Level executives with an unprecedented view into the overall health of their talent operations. Harnessing the power of big data through the PHR Artificial Intelligence Engine, Predictive HR's clients are able to consolidate disparate HR data into actionable analytics reports that allow for precise strategic decisions about their most important and expensive asset; their people. To learn more: www.predictivehr.com
View original content with multimedia:http://www.prnewswire.com/news-releases/predictivehr-secures-first-round-of-funding-and-creates-a-strategic-alliance-with-trendata-300610965.html
Copyright 2014 PR Newswire. All Rights Reserved