
Polynize
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Date | Investors | Amount | Round |
---|---|---|---|
* | $1.0m | Seed | |
Total Funding | 000k |
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Polynize provides a platform centered on job simulation to refine the processes of talent acquisition and workforce training. The company leverages AI-driven simulations of real-world job scenarios to assess, train, and identify suitable candidates for various roles, moving beyond traditional resumes and interviews.
The company was co-founded in 2018 by Shourov Bhattacharya, who serves as CEO, and Marrs Coiro. Their shared background in creating successful intellectual property in sectors like music, media, and software inspired them to apply principles of play and gamification to the innovation process. Initially, Polynize operated as a profitable off-chain business with an analogue creativity game system. In early 2021, the team decided to transition the platform to the blockchain, securing $1 million in a seed funding round in December 2021, led by Borderless Capital with support from the Algorand Foundation.
Polynize's business model targets organizations looking to hire or upskill employees. For recruitment, clients can use the platform to create customized job simulations based on specific role requirements. Candidates participate in these gamified scenarios, and the platform analyzes their performance to identify top performers, thereby reducing interview time and hiring costs. The service is also applied to internal training and development, including new hire onboarding, sales coaching, and AI upskilling. By simulating real challenges, the platform helps companies discover skill gaps and offers targeted training to enhance team productivity. Revenue is generated through packages for recruitment, competency assessment, and various training modules.
The platform's core offering is its ability to generate tailored, interactive simulations for any job role. For individuals, it offers a way to demonstrate their abilities directly and unlock career opportunities. For businesses, it provides data-backed insights into a candidate's or employee's skills in context, such as strategic thinking, communication, and problem-solving. A key feature is the "pIQ" score, a performance metric that quantifies a user's ability within the simulation, offering a more direct measure of job readiness than academic records.
Keywords: job simulation, skills assessment, talent acquisition, corporate training, gamified hiring, AI in HR, recruitment technology, employee upskilling, competency assessment, pre-hire screening, workforce development, performance-based hiring, candidate screening, sales coaching, employee onboarding, AI training, legal talent, proof-of-performance, skills-based hiring