09 February 2016

Randstad Innovation Fund (RIF) joins Pymetrics' Series A financing with Mercer, a subsidiary of Marsh & McLennan Companies, Inc. and Khosla Ventures. The investment seeks to accelerate the development and go-to-market of Pymetrics, a pioneer in using big data, neuroscience and gamification to draw personal career and job recommendations.

Based on a combination of simple games of about 2 minutes each on a web or mobile interface, Pymetrics collects millions of data points and measures 90 dimensions, across cognitive and emotional traits. The richness and breath of Pymetrics' recommendation engine allows to guide talent towards the right career, jobs and culture fit.

'Pymetrics is at the forefront of data science which gives graduates and job seekers powerful insights into their career and job opportunities', says Paul Jacquin, Managing Partner Randstad Innovation Fund. 'Quality of hire and diversity greatly benefit from an unbiased understanding of a person's profile.'

'Pymetrics looks to revolutionize talent management with the application of technologies,' says Frida Polli, CEO and co-founder of Pymetrics. 'The support of Randstad Innovation Fund both financially and as thought leader in the HR tech space is important to help us achieve our mission towards better diversity and career fit enabled by data science.'

As a strategic corporate venture fund, RIF is building a portfolio of early stage HR technology investments. RIF invests in companies, which are at the forefront of technology or transforming the talent acquisition and workforce management industry, hence boosting external innovation within the Randstad Group. The goal is to combine Randstad's expertise and reach with entrepreneurial spirit and technological excellence. RIF has invested in portfolio companies CrunchR, Gr8People, Checkster, Brazen, VONQ, RolePoint, twago and Gigwalk since its launch in March 2014. Visit www.randstad.com/innovationfund for more information.

About Pymetrics
 Pymetrics is the next generation career search platform. Using big data, neuroscience and machine learning, the company is reinventing the recruiting industry by recommending optimal career paths to job seekers and helping companies hire smarter. Pymetrics assesses cognitive and personality traits using a series of fun and quick neuroscience games, making it easier than ever to understand where inherent characteristics can lead to success. Learn more at www.Pymetrics.com.

About Randstad
 Randstad specializes in solutions in the field of flexible work and human resources services. Our services range from regular temporary staffing and permanent placements to inhouse, professionals, search & selection, and HR Solutions. The Randstad Group is one of the leading HR services providers in the world, with top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Mexico, the Netherlands, Poland, Portugal, Spain, Switzerland, the UK, and the United States as well as major positions in Australia and Japan. In 2014, Randstad had approximately 29,000 corporate employees and around 4,400 branches and inhouse locations in 39 countries around the world. Randstad generated revenue of € 17.2 billion in 2014. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information see www.randstad.com.

For more information, please contact: Machteld Merens/Arun Rambocus, telephone: +31 (0)20 569 5623

Randstad Holding NV issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2016 07:36:20 UTC

Original Document: http://www.ir.randstad.com/news-and-events/press-releases/pr-2016/2016-02-09.aspx