NEW YORK —- Mathison, the only solution to provide employers with an end-to-end Diversity, Equity and Inclusion (DEI) hiring and retention platform, has announced today the close of its $25 million Series A led by F-Prime Capital, with participation from Bain Capital Ventures, SemperVirens, ANIMO Ventures, GTM Fund, Gaingels and JP Morgan.
The new injection of funding will be used to continue to build out our data and analytics capabilities, scale our go-to-market team and increase our collective impact with employers. As part of the round, John Lin of F-Prime Capital joins the board.
“Existing solutions are disjointed and their high price tags have made DEI cost prohibitive and operationally cumbersome to manage,” said Arthur Woods, Co-Founder of Mathison. “After leading years of research across hundreds of employers, we recognized employers were missing the proper insights and systems to support their DEI efforts at scale. We designed Mathison so employers could build a holistic DEI strategy that they could immediately mobilize into action and continuously manage across their organization.”
Mathison has pioneered the first DEI Operating System to give employers a single place to manage their:
- DEI measurement, benchmarking and reporting
- Diversity sourcing to expand the hiring pipeline
- DEI training and tools to shift behavior and reduce bias
Designed to integrate into employers’ existing systems, Mathison features DEI tools that can be implemented into every employee’s daily workflow and a comprehensive dashboard of DEI metrics for leaders.
“Just as every essential business function, from payroll to sales, has had a system of record, the same should exist for DEI,” said John Lin, investor from F-Prime Capital. “Mathison is the first and only end-to-end platform for DEI, bringing together analytics and strategy into an intelligent platform that encourages employers to activate training and hiring with insights.”
Mathison has made a measurable collective impact, sourcing over 50,000 underrepresented candidates for employers, supporting the development of hundreds of new equitable talent policies across over 30 industries, and engaging more than 10,000 employees in DEI training to date.
“We assessed countless DEI tools and Mathison was the only real solution that enabled us to measure, source and engage the team all at once,” said Kathy Schrepferman, a talent leader from Cornerstone OnDemand.
“We feel grateful to have founded Mathison with the intentional mission of making DEI a possibility for organizations through transparency, measurement and accountability. Our community and movements have galvanized around our efforts to strive for more,” said Dave Walsh, CEO and Co-Founder of Mathison. “Our system is designed to instill real meaningful change and we are excited to use this funding to propel the DEI efforts of thousands of organizations to create a more equitable future”.
Mathison uses its own product for DEI and includes 50% women, 72% working parents and 50% people of color on its management team. To learn more about Mathison, please visit www.mathison.io