Online Skill Assessment Platform, Mettl secures $4mn in Series A funding led by IndoUS Venture partners
Online skill assessment platform, Mettl has raised $4MM in Series A round led by IndoUS and existing investors. Vani Kola, MD at IndoUS will join the board of the company. Mettl had earlier raised angel funding from Blume Ventures, Dr. Puranjaya Singh, Naveen Tewari of Inmobi and others
Launched in 2010, Mettl assessment platform (read our earlier coverage) is being used both by large IT services companies as well as startups. The Mettl platform is primarily used for screening pre-hires for recruitments (both entry level and experienced profiles) and for employees for competency tracking/ training across aptitude, personality and technical aspects.
One of the main differentiators of Mettl is its “hands-on” assessment offering, wherein companies can setup assessments to measure skills as if the candidates are doing their day job. For example, if a company wants to hire a coder, they can create a custom assessment and judge the candidate’s coding skills. Mettl’s algorithms then grade that code in real time across configurable parameters to come out with a very accurate coding score. Mettl also has similar automatic evaluators for Database query languages like Oracle, MySQL and MS SQL. While the IT and Internet industry has been their focus so far, Mettl will also be using the funding to diversify and develop “hands-on” offerings across Education, Electronics, Finance, IT enabled services (BPO / KPO) and Retail industries.
While the business focus has been B2B right now, each of the simulated / “hands-on” assessment offerings has strong B2C manifestations.
Mettl’s competition includes YCombinator backed InterviewStreet, which has mostly focused on US markets.