MeVitae, a UK-based Diversity, Equity, and Inclusion (DEI) firm, has raised a $1.8 million (€1.7 million) seed round led by Apex Black. The new investment is a step towards the company’s aim of reshaping hiring processes through innovative AI-powered HR technology. It also intends to speed up product development and broaden MeVitae’s reach, notably in the United States, where a significant portion of its client base resides.
Founded by Oxford University alumni Neuroscientist Riham Satti and Computer Scientist Vivek Doraiswamy, MeVitae specializes in offering a comprehensive DEI ecosystem of HR tools. These tools, developed from AI ethics and neuroscience perspectives, are designed to detect and mitigate biases to enhance brighter, faster, and fairer hiring decisions. Its solutions directly address this imperative. Its solutions specifically meet this imperative. The tools identify imbalances in application success rates and offer solutions from a wide range of techniques to address them.
Speaking about the company, Co-founder & CEO of MeVitae, Riham Satti said:
Growing up, I never considered that my gender or skin colour might impede opportunities. It was during my university years that this harsh reality became evident. Delving into human decision-making, the rigid nature of biases was starkly apparent. With our backgrounds in AI ethics and neuroscience, Vivek and I realized the need to address these biases head-on.
With a diverse clientele spanning finance, government, and technology sectors, including HS2, TfL and The Good Food Institute, the startup’s pioneering solutions have demonstrated tangible results, with clients reporting a substantial 30% increase in gender and ethnic diversity within their organizations. These accomplishments serve as a powerful testament to the effectiveness of MeVitae’s innovative approach in driving impactful and positive change.
Rani Saad, Founding Partner of Apex Black, stated:
MeVitae is making the workplace fairer and more equitable, and we are proud to back them in their mission. A rapidly growing number of global public and private organizations are trusting MeVitae in their drives towards diversity, equity and inclusion. This is validation of the profound innovation and domain expertise embedded in MeVitae’s solutions, and testimony to the team’s unwavering passion.
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