Ethical Talent Platform, removing bias in recruitment
60% candidates quit applying as the process is complex
Do not provide a complete solution
Flawed working model relies on churn
51% feel companies don’t effectively communicate outcomes
80% would not apply for future roles as a result
14% quit in 12 months and 39% in 6 months
42% of interviews are biased and not diverse nor inclusive
Recruitment based on value fit seldom happens
60% employers concerned about cost of vacant positions
Recruiter
Company
Candidate
Recruitment is broken
Loss by way of wasted effort for UK
companies is £13.48 Billion
30% are actively seeking a role
Current solutions
• Fragmented - too many solutions
• 6 tools used by average sized companies
• Solutions do not talk to each other easily
Sourcing
Selection
Onboarding
Market
Culture fit
• Psychometrics used as an optional fit and often ignored
• Very few scientific tools to profile Company culture &
candidate fit
• No solutions that address unconscious bias
Cost
• Holistic solutions beyond SMEs reach
• Gig economy growth- expensive to find talent
Post COVID-19
• With 30% wanting to work from home finding talent will be hard
• Retention will be key - None of these solutions address that
• Nor do these tools help map and manage talent after
recruitment
Our solution
Replaces
Recruiter
ultimately
Integrated offering
Single platform
Simplified
process
• 8 minutes to set up profile
• Automatically presents
suitable role
•
Internal messaging with
the company
Fit for purpose
• Tackles unconscious bias
• Uses screening criteria
alone to shortlist
• Effortlessly identifies talent
• Shortens recruitment time
•
for sourcing
• screening and
• onboarding
In built behaviour and AI
algorithms
License based simple pricing
structure .. Not a percentage of
salary
Benchmarking tools to find and
map talent.
Predict potential and possible
career moves
COMPAIRA
Level
3
COMPAIRA ENGINE POWERED BY AI &
BEHAVIOUR ALGORITHMS
Our Product
Product Positioning for Compaira
Journey to now
AI Integrated.
Technical tests
added
Exploring
university
partnerships.
Company
registered
Jan 19
Oct 19
POC tested
Jan 20
April 20
Basic version
built without
AI.
Assembled
part time
team for AI &
DevOps.
April 21
Spent a
year
building
MVP
Refined
product
based on
customer
feedback.
May 21
Jun 21
Launched
version 1
Jun 21
Onboarded
clients/ user to
test platform
Jun 21
AI & Behaviour
algorithms
matched
Job GYM &
Career Mapping
being built
5 companies
listed 8 roles
Jun 21
Jun 21
Jun 21
Our Product map
Hassle
Reduce
Waste
Increase
Retention
Talent
Mngmnt
Driving
Engine
Automated
AI Word
Embedding
Deep
Learning
Neural
Networks
Benchmark
To identify
Potential
Benchmark
To agree
Training &
Developmnt
Behaviour
90%
AI -10%
Behaviour
50%
AI -50%
Behaviour
10%
AI -90%
Culture fit
Lower cost
Screen soft
skills
Mapping
Mkt Place
Shaping
Mentoring
Predict
attrition
Talent Index
Candidate
ROI, Talent
Passport
Surprise
Candidate,
Predict
challenges
Behaviour
& AI cross
Match
suggestion
Integrate
KPI, Identify
Patterns &
Suggest role
Version One
Version Two
Version Three
SMEs
Diversity
recruiting
software
Valued $357.1
million in 2019
Market projected to reach
$709.5 million by 2027
Expected CAGR growth is
9.4% from 2020 to 2027
European market
currently valued at $60
million
Fragmented market but growing.
Expected to consolidate in 5 years.
Wellbeing challenges
will enhance stress,
attrition. Will increase
focus on retention
In the next 12
months, will
spend £160,00
to fill skills gap
Replacement cost is 43% of
an employee salary
Cost of failed recruitment
£19 billion per annum
Opportu
nity
Market for AI tech booming
• 41% feel automation will reduce time to
hire
• 39% feel – AI will identify hidden gems
• 33% feel AI will bring consistency in the
process
• Many believe bias will be removed
Behaviour & AI learning
from each other
• No systems in market
to combine
behaviours, values
with AI and machine
learning
The opportunity
60% of technology roles were hired remotely
•
Initial focus will be with companies that
have secured Series A or Series B investment
(exclusive access to Deal Lite)
• Urgent need to recruit candidates
• Will use a one to one follow up
Go to market strategy:
We are going to be focusing on Tech companies in the UK and India
Outbound
Inbound
Targeted campaign with mail/ post letters to
companies that have secured investment recently
Focus on building candidate pool. Target Universities,
tech graduates using social media platforms
• Resellers for a commission – Explore cross-selling with other HR service providers
•
Integrations – With HR software like Bamboo etc.
• University placement services
The team
From a personal passion,
Ian has used data &
insight to build brands in
multiple sectors that free
people up to be the best
they can be.
Ian Ayling
CMO - Chief Marketing Officer
The man to bring
sunshine to
Manoj Ranaweera
CIO- Chief Investment Officer
CEO & CRO
With 20 years of experience
in talent and performance
in management, and a PhD ,
Ram started developing
Compaira to remove bias in
recruitment.
CSO & Interim CTO
Adil Dhalabhoy
Adil was frustrated by the
inefficiencies and bias in
recruitment process which
led him to found the
company with Ram
Ram Raghavan
Piumi Malligaspe
Growth Hacker
Meg Fisher
Social Media specialist
25 years in Tech
and passionate AI
Responsible for the
AI development.
Ade Idowu
AI Lead
A techie with a
heart. Helps
optimise our
servers and
solutions
Vinod Lakkoju
Dev Ops Lead
Nitheesram Rajes
PHP Programmer
A seasoned veteran
in PHP with 30
years experience
Vijay Nair
PHP Lead
Basic
Standard
Pro
This is a fixed fee to use the
platform for one role
Recruitment packages from
5 to 15 jobs.
Fee for sourcing talent .
No platform fee
Monthly platform fee.
Monthly platform fee.
• No monthly contract.
• Upfront payment.
• Minimal customisation.
• Email and phone
support
• Monthly contract.
• Pay in instalments.
• White label offering.
• Account manager –
Dedicated
• Monthly contract.
• Pay in installments.
• White label offering.
• Access to account
manager
• Set up support
£1500
From £1500
10%
Funding Need
Pre-Seed - £350,000 SEIS/EIS
Funding Strategy
Start commercialisation
Bring part time
workforce to full time
Generating £102,000
revenues with 12 staff
55% on product development
and 33% on commercialisation
Pre-Seed £350k to
reach £10k MRR
Seed £1m to reach £100k MRR
Series A £3 to 5m
to reach £1m MRR
Ethical Talent Platform, removing bias in recruitment
Contact details
Ram.Raghavan@compaira.com
07500887279
Adil@compaira.com
07881814282
Ian@compaira.com
07730647162
60% candidates quit applying as the process is complex
Do not provide a complete solution
Flawed working model relies on churn
51% feel companies don’t effectively communicate outcomes
80% would not apply for future roles as a result
14% quit in 12 months and 39% in 6 months
42% of interviews are biased and not diverse nor inclusive
Recruitment based on value fit seldom happens
60% employers concerned about cost of vacant positions
Recruiter
Company
Candidate
Recruitment is broken
Loss by way of wasted effort for UK
companies is £13.48 Billion
30% are actively seeking a role
Current solutions
• Fragmented - too many solutions
• 6 tools used by average sized companies
• Solutions do not talk to each other easily
Sourcing
Selection
Onboarding
Market
Culture fit
• Psychometrics used as an optional fit and often ignored
• Very few scientific tools to profile Company culture &
candidate fit
• No solutions that address unconscious bias
Cost
• Holistic solutions beyond SMEs reach
• Gig economy growth- expensive to find talent
Post COVID-19
• With 30% wanting to work from home finding talent will be hard
• Retention will be key - None of these solutions address that
• Nor do these tools help map and manage talent after
recruitment
Our solution
Replaces
Recruiter
ultimately
Integrated offering
Single platform
Simplified
process
• 8 minutes to set up profile
• Automatically presents
suitable role
•
Internal messaging with
the company
Fit for purpose
• Tackles unconscious bias
• Uses screening criteria
alone to shortlist
• Effortlessly identifies talent
• Shortens recruitment time
•
for sourcing
• screening and
• onboarding
In built behaviour and AI
algorithms
License based simple pricing
structure .. Not a percentage of
salary
Benchmarking tools to find and
map talent.
Predict potential and possible
career moves
COMPAIRA
Level
3
COMPAIRA ENGINE POWERED BY AI &
BEHAVIOUR ALGORITHMS
Our Product
Product Positioning for Compaira
Journey to now
AI Integrated.
Technical tests
added
Exploring
university
partnerships.
Company
registered
Jan 19
Oct 19
POC tested
Jan 20
April 20
Basic version
built without
AI.
Assembled
part time
team for AI &
DevOps.
April 21
Spent a
year
building
MVP
Refined
product
based on
customer
feedback.
May 21
Jun 21
Launched
version 1
Jun 21
Onboarded
clients/ user to
test platform
Jun 21
AI & Behaviour
algorithms
matched
Job GYM &
Career Mapping
being built
5 companies
listed 8 roles
Jun 21
Jun 21
Jun 21
Our Product map
Hassle
Reduce
Waste
Increase
Retention
Talent
Mngmnt
Driving
Engine
Automated
AI Word
Embedding
Deep
Learning
Neural
Networks
Benchmark
To identify
Potential
Benchmark
To agree
Training &
Developmnt
Behaviour
90%
AI -10%
Behaviour
50%
AI -50%
Behaviour
10%
AI -90%
Culture fit
Lower cost
Screen soft
skills
Mapping
Mkt Place
Shaping
Mentoring
Predict
attrition
Talent Index
Candidate
ROI, Talent
Passport
Surprise
Candidate,
Predict
challenges
Behaviour
& AI cross
Match
suggestion
Integrate
KPI, Identify
Patterns &
Suggest role
Version One
Version Two
Version Three
SMEs
Diversity
recruiting
software
Valued $357.1
million in 2019
Market projected to reach
$709.5 million by 2027
Expected CAGR growth is
9.4% from 2020 to 2027
European market
currently valued at $60
million
Fragmented market but growing.
Expected to consolidate in 5 years.
Wellbeing challenges
will enhance stress,
attrition. Will increase
focus on retention
In the next 12
months, will
spend £160,00
to fill skills gap
Replacement cost is 43% of
an employee salary
Cost of failed recruitment
£19 billion per annum
Opportu
nity
Market for AI tech booming
• 41% feel automation will reduce time to
hire
• 39% feel – AI will identify hidden gems
• 33% feel AI will bring consistency in the
process
• Many believe bias will be removed
Behaviour & AI learning
from each other
• No systems in market
to combine
behaviours, values
with AI and machine
learning
The opportunity
60% of technology roles were hired remotely
•
Initial focus will be with companies that
have secured Series A or Series B investment
(exclusive access to Deal Lite)
• Urgent need to recruit candidates
• Will use a one to one follow up
Go to market strategy:
We are going to be focusing on Tech companies in the UK and India
Outbound
Inbound
Targeted campaign with mail/ post letters to
companies that have secured investment recently
Focus on building candidate pool. Target Universities,
tech graduates using social media platforms
• Resellers for a commission – Explore cross-selling with other HR service providers
•
Integrations – With HR software like Bamboo etc.
• University placement services
The team
From a personal passion,
Ian has used data &
insight to build brands in
multiple sectors that free
people up to be the best
they can be.
Ian Ayling
CMO - Chief Marketing Officer
The man to bring
sunshine to
Manoj Ranaweera
CIO- Chief Investment Officer
CEO & CRO
With 20 years of experience
in talent and performance
in management, and a PhD ,
Ram started developing
Compaira to remove bias in
recruitment.
CSO & Interim CTO
Adil Dhalabhoy
Adil was frustrated by the
inefficiencies and bias in
recruitment process which
led him to found the
company with Ram
Ram Raghavan
Piumi Malligaspe
Growth Hacker
Meg Fisher
Social Media specialist
25 years in Tech
and passionate AI
Responsible for the
AI development.
Ade Idowu
AI Lead
A techie with a
heart. Helps
optimise our
servers and
solutions
Vinod Lakkoju
Dev Ops Lead
Nitheesram Rajes
PHP Programmer
A seasoned veteran
in PHP with 30
years experience
Vijay Nair
PHP Lead
Basic
Standard
Pro
This is a fixed fee to use the
platform for one role
Recruitment packages from
5 to 15 jobs.
Fee for sourcing talent .
No platform fee
Monthly platform fee.
Monthly platform fee.
• No monthly contract.
• Upfront payment.
• Minimal customisation.
• Email and phone
support
• Monthly contract.
• Pay in instalments.
• White label offering.
• Account manager –
Dedicated
• Monthly contract.
• Pay in installments.
• White label offering.
• Access to account
manager
• Set up support
£1500
From £1500
10%
Funding Need
Pre-Seed - £350,000 SEIS/EIS
Funding Strategy
Start commercialisation
Bring part time
workforce to full time
Generating £102,000
revenues with 12 staff
55% on product development
and 33% on commercialisation
Pre-Seed £350k to
reach £10k MRR
Seed £1m to reach £100k MRR
Series A £3 to 5m
to reach £1m MRR
Ethical Talent Platform, removing bias in recruitment
Contact details
Ram.Raghavan@compaira.com
07500887279
Adil@compaira.com
07881814282
Ian@compaira.com
07730647162