Today, SCRA announces a $125,000 SC Launch, Inc. investment in SENTIO.
The Charleston-based company was accepted into SCRA’s entrepreneurial
program, SC Launch, in January 2017.
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Representatives from SCRA present a big check to SENTIO at DigSouth’s Wild Pitch Event on Friday, April 26. (Photo: Business Wire)
assessment tool is used by human resource experts to benchmark current
employees and develop a success profile for future job candidates. The
company’s pre-hire assessments ensure employers hire people with the
highest likelihood of success, resulting in a high-performance workforce
and engaged employees. The platform was launched in August and was
recently recognized by HR Tech Outlook as one of ten top recruitment
software platforms for 2019. The investment from SC Launch, Inc. is on
the heels of an investment from VentureSouth in October 2018 and will be
used to scale outreach amongst small to mid-sized businesses that
typically cannot afford to use hiring assessments.
“This funding truly furthers SENTIO’s mission to make hiring assessments
available to companies of all sizes,” said AJ Richichi, SENTIO CEO. “I’m
excited about how SENTIO makes the hiring process more accurate and
reduces turnover for our customers. With the help of SCRA, we can now
bring those benefits to businesses on a national scale.”
“SENTIO is solving a pervasive issue of defining and identifying the
right talent for companies large and small,” said Jill Sorensen,
Director of Entrepreneurial Programs and Executive Director of SC
Launch, Inc. “Our team has been very impressed by their leadership and
product, and we are excited to watch their growth.”
SCRA is a state-chartered organization that fuels job creation and grows
South Carolina’s innovation economy. Through SC Launch, early-stage
companies are provided mentoring and grants and may be eligible for an
investment from SC Launch, Inc. The SC Launch program is open to
qualified South Carolina companies in the Advanced
Materials/Manufacturing, Information Technology and Life Sciences
in 1983 by the State of South Carolina as a public, non-profit
corporation, SCRA fuels South Carolina’s Innovation Economy by
supporting entrepreneurs, enabling academic research and its
commercialization, and connecting industry to innovators.
About SC Launch, Inc.
Established in 2006, SC Launch, Inc.
is an independent, non-profit corporation affiliated with SCRA, which
provides loans and investments to selected South Carolina-based
companies participating in the SC Launch program.