$15M Raised to Revolutionize the Talent Assessment Space

Welcome back to another episode of The SaaS CFO Podcast! In today's episode, we have the pleasure of speaking with Caitlin MacGregor, a true innovator in the field of talent assessment and CEO of Plum.

Caitlin takes us on a journey through the evolution of her company and shares valuable insights into the intersection of science, technology, and human potential. Join us as we delve into the challenges Caitlin faced when bridging the gap between developers and psychologists, the power of accurate data in the world of psychometric assessments in 2023, and the importance of creating a symbiotic relationship between individuals and employers.

This episode is packed with valuable information for anyone interested in revolutionizing talent practices and boosting organizational success. Stay tuned!

HIGHLIGHTS

00:00:48 Studied international development, became successful entrepreneur.

00:05:09 Focused on SMBs, solved data pain point, scaled to enterprise customers.

00:10:15 Myers Briggs not valid, use KPIs instead.

00:13:43 Too many limitations, needing better ways: Plum.

00:18:55 Large enterprises struggle with talent competition and distributed workforces. Retention and diversity are top priorities.

00:24:57 Navigating committees and stakeholders in procurement.

00:27:23 Talent platform gets funding from Pearson Ventures.

00:30:17 Fundraising is about finding believers and derisking.

00:34:51 Expanding team, empowering individuals, serving enterprises.

LINKS

Caitlin MacGregor’s LinkedIn: https://www.linkedin.com/in/caitlinmacgregor/

Plum.io LinkedIn: https://www.linkedin.com/company/plum-io/

SaaS Fundraising Story: https://www.thesaasnews.com/news/plum-raises-6-million-in-funding

Ben Murray’s LinkedIn: https://www.linkedin.com/in/benrmurray/