Press release: TechWolf raises €10 million in a Series A round to build the intelligence layer for skills

Building Skills Intelligence to facilitate career development and internal mobility.

GHENT, BELGIUM, May 10, 2022 -- TechWolf, the AI technology startup building the world's foremost platform for large companies to leverage their workforce's skills, has raised €10 million in Series A funding from prominent international investors. The round was led by Stride.VC, with participation from Fortino Capital, Acadian Ventures, PMV and existing investors. TechWolf will use the funds to execute on its ambitious go-to-market strategy, ramp up international expansion and continue investing heavily in R&D.

Tech Wolf Founders

TechWolf founding team Mikaël Wornoo, Andreas De Neve and Jeroen Van Hautte.

Founded in 2018 by Andreas De Neve, Jeroen Van Hautte and Mikaël Wornoo and based in Ghent, Belgium, TechWolf addresses a widespread challenge for large enterprises: a lack of insight into the skills across their workforce, which leads to poor talent management and limited ability to execute on business transformations.

“TechWolf’s mission is to put people in a position to develop and do the most with their talent. By supplying employees and leadership teams with real-time skills insights, TechWolf facilitates career development and internal mobility. It elevates the HR function from day-to-day operations to a more proactive and strategic role in the business,” says Andreas De Neve, CEO of TechWolf.

To date, the company has applied their technology to automatically map the skills of more than two million people across a number of global enterprises, including bp and GE Healthcare.

Mikaël Wornoo, COO of TechWolf: “This switch from highly manual, labour-intensive processes means organisations can swiftly obtain skills data, enabling them to future-proof the skillset of their employees.”

To infer the skills of employees within organisations, TechWolf’s platform integrates with Microsoft Teams, Sharepoint, Confluence and other systems where employees perform work, and it connects with HCM systems, Talent Marketplaces and LXP platforms to streamline the company’s entire skills infrastructure.

“We deliberately built an API-first solution, focusing on building a data infrastructure layer for skills-based organisations through Artificial Intelligence,” says TechWolf’s CTO Jeroen Van Hautte. “Our engineering team actively contributes to the AI research community, including published research with Cambridge University.”

“The world of work is shifting rapidly and skills have become the unit of work in forward-looking organisations. We believe that the TechWolf team has built a best-in-class platform that empowers enterprises to better leverage skills in their organisation,” says Cleo Sham, partner at Stride.VC.

By the end of 2024, TechWolf wants to be the global leader in Skills Intelligence software and extend its solution to 100 million workers. TechWolf plans to hire another 25 people across all departments by the end of the year, growing the team from 25 to 50 employees.

About TechWolf:

TechWolf is a Belgian start-up providing an HR Tech solution that helps enterprises become skills-based organisations. Using AI-driven Skills Intelligence, TechWolf delivers an instant, up-to-date and unbiased view of skills across the workforce. Clients include bp, GE Healthcare, and other global Fortune 500 companies. As the market for skills is booming, TechWolf’s solution holds a unique position as the connective layer between platforms, databases and tools that make up the skills ecosystem.

More stories

  • Thumbnails blog 1 Read more
    Read more

    TechWolf founders recognised in the Forbes 30 under 30 Europe 2023

    Read more

    We have some exciting news, our founders Andreas De Neve, Jeroen Van Hautte, and Mikaël Wornoo have been recognised in the Forbes 30 under 30 Europe 2023 list. It is Forbes’ annual acknowledgement of some of the world’s most successful, young entrepreneurs and the eighth annual list in Europe.

    CT4 A7805

    Vicky Holdsworth

    22 Mar 2023
    2 minutes
    22 Mar 2023
    2 minutes
  • Thumbnails blog Read more
    skills-based organisation
    Read more

    Debunking the skill-based organisation for business leaders

    Read more

    Skills are on everyone’s minds, but it can be tricky to separate business benefits from buzzwords. In this blog, we take a look at the ‘skill-based organisation’ and what this means for business leaders.


    Jonathan

    Andreas De Neve

    13 Mar 2023
    5 minutes
    13 Mar 2023
    5 minutes
  • Image001 Read more
    Read more

    Skills intelligence platform TechWolf expands management team and international presence

    Read more

    New appointments bolster global go-to-market and marketing expertise and follow a €10M Series A investment round.

    CT4 A9110

    Jeroen Van Hautte

    01 Dec 2022
    3 minutes
    01 Dec 2022
    3 minutes

Learn more about TechWolf

Skills Intelligence

How can we help you identify the skills in your company without manual input?

A solution for your organisation

Ready to see how TechWolf can help you future-proof your business strategy?