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Ethical Talent Platform, removing bias in recruitment 60% candidates quit applying as the process is complex Do not provide a complete solution Flawed working model relies on churn 51% feel companies don’t effectively communicate outcomes 80% would not apply for future roles as a result 14% quit in 12 months and 39% in 6 months 42% of interviews are biased and not diverse nor inclusive Recruitment based on value fit seldom happens 60% employers concerned about cost of vacant positions Recruiter Company Candidate Recruitment is broken Loss by way of wasted effort for UK companies is £13.48 Billion 30% are actively seeking a role Current solutions • Fragmented - too many solutions • 6 tools used by average sized companies • Solutions do not talk to each other easily Sourcing Selection Onboarding Market Culture fit • Psychometrics used as an optional fit and often ignored • Very few scientific tools to profile Company culture & candidate fit • No solutions that address unconscious bias Cost • Holistic solutions beyond SMEs reach • Gig economy growth- expensive to find talent Post COVID-19 • With 30% wanting to work from home finding talent will be hard • Retention will be key - None of these solutions address that • Nor do these tools help map and manage talent after recruitment Our solution Replaces Recruiter ultimately Integrated offering Single platform Simplified process • 8 minutes to set up profile • Automatically presents suitable role • Internal messaging with the company Fit for purpose • Tackles unconscious bias • Uses screening criteria alone to shortlist • Effortlessly identifies talent • Shortens recruitment time • for sourcing • screening and • onboarding In built behaviour and AI algorithms License based simple pricing structure .. Not a percentage of salary Benchmarking tools to find and map talent. Predict potential and possible career moves COMPAIRA Level 3 COMPAIRA ENGINE POWERED BY AI & BEHAVIOUR ALGORITHMS Our Product Product Positioning for Compaira Journey to now AI Integrated. Technical tests added Exploring university partnerships. Company registered Jan 19 Oct 19 POC tested Jan 20 April 20 Basic version built without AI. Assembled part time team for AI & DevOps. April 21 Spent a year building MVP Refined product based on customer feedback. May 21 Jun 21 Launched version 1 Jun 21 Onboarded clients/ user to test platform Jun 21 AI & Behaviour algorithms matched Job GYM & Career Mapping being built 5 companies listed 8 roles Jun 21 Jun 21 Jun 21 Our Product map Hassle Reduce Waste Increase Retention Talent Mngmnt Driving Engine Automated AI Word Embedding Deep Learning Neural Networks Benchmark To identify Potential Benchmark To agree Training & Developmnt Behaviour 90% AI -10% Behaviour 50% AI -50% Behaviour 10% AI -90% Culture fit Lower cost Screen soft skills Mapping Mkt Place Shaping Mentoring Predict attrition Talent Index Candidate ROI, Talent Passport Surprise Candidate, Predict challenges Behaviour & AI cross Match suggestion Integrate KPI, Identify Patterns & Suggest role Version One Version Two Version Three SMEs Diversity recruiting software Valued $357.1 million in 2019 Market projected to reach $709.5 million by 2027 Expected CAGR growth is 9.4% from 2020 to 2027 European market currently valued at $60 million Fragmented market but growing. Expected to consolidate in 5 years. Wellbeing challenges will enhance stress, attrition. Will increase focus on retention In the next 12 months, will spend £160,00 to fill skills gap Replacement cost is 43% of an employee salary Cost of failed recruitment £19 billion per annum Opportu nity Market for AI tech booming • 41% feel automation will reduce time to hire • 39% feel – AI will identify hidden gems • 33% feel AI will bring consistency in the process • Many believe bias will be removed Behaviour & AI learning from each other • No systems in market to combine behaviours, values with AI and machine learning The opportunity 60% of technology roles were hired remotely • Initial focus will be with companies that have secured Series A or Series B investment (exclusive access to Deal Lite) • Urgent need to recruit candidates • Will use a one to one follow up Go to market strategy: We are going to be focusing on Tech companies in the UK and India Outbound Inbound Targeted campaign with mail/ post letters to companies that have secured investment recently Focus on building candidate pool. Target Universities, tech graduates using social media platforms • Resellers for a commission – Explore cross-selling with other HR service providers • Integrations – With HR software like Bamboo etc. • University placement services The team From a personal passion, Ian has used data & insight to build brands in multiple sectors that free people up to be the best they can be. Ian Ayling CMO - Chief Marketing Officer The man to bring sunshine to Manoj Ranaweera CIO- Chief Investment Officer CEO & CRO With 20 years of experience in talent and performance in management, and a PhD , Ram started developing Compaira to remove bias in recruitment. CSO & Interim CTO Adil Dhalabhoy Adil was frustrated by the inefficiencies and bias in recruitment process which led him to found the company with Ram Ram Raghavan Piumi Malligaspe Growth Hacker Meg Fisher Social Media specialist 25 years in Tech and passionate AI Responsible for the AI development. Ade Idowu AI Lead A techie with a heart. Helps optimise our servers and solutions Vinod Lakkoju Dev Ops Lead Nitheesram Rajes PHP Programmer A seasoned veteran in PHP with 30 years experience Vijay Nair PHP Lead Basic Standard Pro This is a fixed fee to use the platform for one role Recruitment packages from 5 to 15 jobs. Fee for sourcing talent . No platform fee Monthly platform fee. Monthly platform fee. • No monthly contract. • Upfront payment. • Minimal customisation. • Email and phone support • Monthly contract. • Pay in instalments. • White label offering. • Account manager – Dedicated • Monthly contract. • Pay in installments. • White label offering. • Access to account manager • Set up support £1500 From £1500 10% Funding Need Pre-Seed - £350,000 SEIS/EIS Funding Strategy Start commercialisation Bring part time workforce to full time Generating £102,000 revenues with 12 staff 55% on product development and 33% on commercialisation Pre-Seed £350k to reach £10k MRR Seed £1m to reach £100k MRR Series A £3 to 5m to reach £1m MRR Ethical Talent Platform, removing bias in recruitment Contact details Ram.Raghavan@compaira.com 07500887279 Adil@compaira.com 07881814282 Ian@compaira.com 07730647162
