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Multiverse Acquires AI Talent Platform Searchlight to Enhance Skills Assessment Capabilities

Smita SinghbySmita Singh
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Multiverse Acquires AI Talent Platform Searchlight to Enhance Skills Assessment Capabilities

Multiverse Acquires AI Talent Platform Searchlight to Enhance Skills Assessment Capabilities

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NEW YORK — In a significant move to bridge the skills gap in the workforce, tech company Multiverse has announced its acquisition of Searchlight, a California-based talent intelligence and skills assessment platform. Founded in 2018 by Stanford alumni and twins Anna Wang and Kerry Wang, Searchlight utilizes AI to optimize hiring processes and has been a notable player in the tech industry, recognized by Forbes 30 under 30 and backed by leading venture capitalists such as Founders Fund and Accel.

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Integrating Advanced AI into Multiverse’s Ecosystem

Searchlight, known for its bias-free AI engine that accurately maps out competencies and job requirements, will bring enhanced capabilities to Multiverse. This acquisition aims to accelerate the integration of generative AI and machine learning within Multiverse’s services, focusing on closing skills gaps more efficiently. “We founded Searchlight to help companies build winning teams equitably and help individuals land meaningful work,” said Kerry Wang, CEO of Searchlight.

Strategic Leadership Roles and Future Outlook

Following the acquisition, key figures from Searchlight will assume significant roles within Multiverse; Kerry Wang will take on the role of Director of Product, and Anna Wang will be appointed Head of AI. These appointments are set to lead the next phase of AI-driven talent development initiatives at Multiverse.

Happy Place To Work
Happy Place To Work

Euan Blair, Founder and CEO of Multiverse, commented on the merger, stating, “Searchlight’s AI, platform, and exceptional talent will allow us to better diagnose the skills needed within companies and deliver impactful solutions. Combining our scale and world-class learning with Searchlight’s technology and team will ensure even more companies and individuals benefit.”

About Multiverse

Multiverse is a pioneering tech-first institution that offers a modern twist on apprenticeships, blending work with learning to provide equitable economic opportunities. Known for its application of human-centred coaching and sophisticated tech, including AI, Multiverse serves over 1,000 organizations worldwide. Following its $220 million Series D funding in June 2022, Multiverse was valued at $1.7 billion, securing its status as the UK’s first EdTech unicorn.

About Searchlight

Searchlight, now part of Multiverse, develops Ethical AI tools for workforce optimization. Its AI technology enhances the hiring process by identifying the best candidates through a unique learning loop that utilizes outcome data to continually improve match quality. Founded by Anna and Kerry Wang, Searchlight strives to align individuals with their ideal roles, ensuring mutual success for employees and employers alike.

You may like to read: University of Maryland Launches New Artificial Intelligence Interdisciplinary Institute

Tags: AI in HRAnna Wangethical AIHR technology advancementsKerry WangMultiverse acquisitionMultiverse growth strategySearchlight AISkills Gaptalent intelligencetech industry mergersWorkforce Development
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