Listen to this articleBelow is our recent interview with Taylor Stockton, Chief Operating Officer at FutureFit AI:
Q: Could you provide our readers with a brief introduction to your company?
A: FutureFit AI was started on the belief that in an age of accelerating disruption and constant change in the labor market, the one universal truth we can all agree on is that there will need to be a tremendously greater volume and intensity of career transitions.
FutureFit AI empowers workers to navigate those uncertainties in the labor market by providing them with an AI-powered tool that acts as a “GPS for your Career”, allowing any individual to understand more about where they’re starting from, where they can go in their careers, and how to best navigate getting from point A to point B and beyond.
FutureFit AI partners with Fortune 500 companies, governments, and workforce development organizations to deploy our platform to individual users, driving better outcomes for both organizations and the workers they support as we collectively navigate the future of work.
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A: Our team was thrilled to announce this week that we raised our first financing round of $4.5M, led by JPMorgan Chase and Acumen America, to fuel our growth and continue to enhance the innovation and personalization of FutureFit AI’s platform.
Our round was also joined by Juvo Ventures, Emerge Education, Sorenson Impact Foundation, Plug & Play Ventures, Techstars, and many outstanding angel investors who have lived and breathed workforce development, enterprise HR, and early stage entrepreneurship more broadly.
We have an outstanding group of investors that we have strong alignment with on our mission and vision, and with whom we feel there is deep strategic opportunity for collaboration in the coming years that will amplify our impact on workers, companies, and governments across the globe.
Q: Can you give us more insights into your offering?
A: FutureFit AI’s platform leverages over 350 million global talent profiles, live labor market data and projections, and equity-focused machine learning algorithms to identify an individual’s skills, recommend possible career paths, and create a personalized roadmap of learning programs, career support resources, and work opportunities to drive successful outcomes.
As enterprises grapple with the impact of the Great Resignation, accelerating digital transformation, and imperatives around diversity, equity, and inclusion, FutureFit AI has supported its partners to better support career guidance for both existing employees and prospective candidates.
Similarly, as governments and workforce development organizations grapple with better supporting unemployed and underemployed job seekers into reskilling programsand high demand career pathways, FutureFit AI has partnered at the local, state, and national level across multiple continents to support a more effective and equitable economic recovery.
Q: What can we expect from your company in next 6 months? What are your plans?
A: We continue to face a unique moment in time in our labor market, where the number of unfilled job openings in the US is nearing a record high at more than 11 million and the economic fallout from the pandemic has only deepened longstanding equity gaps in the workforce.
We believe there is a unique opportunity in the next 6 months to significantly accelerate our partnerships with employers, governments, and workforce development organizations to address the shortage of skilled talent and reduce inequities.
At the same time, FutureFit AI has collected an incredible amount of data on the type of tools and guidance that can have the most significant impact on workers, and we are excited to use the rocket fuel of our fundraise to launch even more innovative and personalized features in our platform in the coming months that will have a tremendous impact on both workers and organizations.
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Q: What is the best thing about your company that people might not know about?
A: Like most B2B companies, FutureFit AI invests significant time thinking about how to better support our customers — the enterprises, governments, and organizations we serve. What may be less obvious on the surface is that our team at FutureFit AI is borderline obsessive about our end users — the workers that our platform supports.
From user research on pain points, to user testing for every new feature, to a user success team that actively supports the current workers on the platform, to user feedback forms, interview sessions, and focus groups, our team recognizes that even when our customers are the ones licensing our platform, the only way to have truly transformative impact in the workforce space is to put our users first.
