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DateInvestorsAmountRound
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N/A

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Seed
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$5.5m

Series A

N/A

Support Program

£1.5m

Debt
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£5.8m

Series B
Total Funding$13.1m

Recent News about Arctic Shores

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Arctic Shores creates innovative technologies that assist companies in making better hiring decisions and help individuals make informed career choices. Founded in 2014, the company specializes in task-based assessments that have been adopted by hundreds of organizations, including PwC, Siemens, and the Ministry of Justice. These assessments are designed to improve diversity, reduce time to hire, and lower recruitment costs. Arctic Shores serves a wide range of clients, from large corporations to public sector organizations, operating primarily in the talent acquisition market. The business model revolves around offering customizable assessment tools that can be easily integrated with existing Applicant Tracking Systems (ATS). Revenue is generated through subscription fees and service charges for customized solutions. The company also provides additional services such as pre-built interview guides and professional development days for its employees.

Keywords: task-based assessments, diversity, recruitment, talent acquisition, customizable tools, ATS integration, hiring efficiency, corporate clients, public sector, professional development.

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