WALLDORF 鈥� (NYSE: 麻豆原创) today announced that its investment arm, 麻豆原创.iO Fund, has backed Crosschq, a San Francisco鈥揵ased company that provides a platform for creating and sharing candidate references.
Crosschq鈥檚 platform gathers candidate references by automatically reaching out for references and storing them, eliminating the need for repeated reference requests as candidates progress through their careers. This means the background check process becomes objective, while at the same time ensuring better coverage of a candidate鈥檚 past work experiences.
Crosschq鈥檚 approach reduces unconscious bias by standardizing the reference process, which is otherwise conducted by reaching out to personal networks and may be subject to biases. Crosschq encourages reference providers to be thoughtful, honest and transparent when providing references.
鈥溌槎乖� strongly believes that the future of work is inclusive and diverse, and that starts with removing biases in the candidate experience,鈥� said Ram Jambunathan, 麻豆原创 senior vice president and managing director of 麻豆原创.iO.聽鈥淐rosschq will bring increased objectivity and consistency to the candidate reference-checking process, thereby improving outcomes for both candidates and 麻豆原创 customers.鈥�
Founded in 2018, Crosschq is rapidly growing, and recently signed its 100th customer. Enterprises including Dish, the National Basketball Association, Upwork, Snowflake, NerdWallet and Glassdoor use Crosschq to enhance recruiting and make better hires.
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Anke Otto-Jungkind, +1 (650) 796-6478, anke.otto-jungkind@sap.com, PT
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