Co-Founder of GSD Venture Studios Gary Fowler Achieves Another Exit- Yva.ai Acquired by Visier
HR-tech serial entrepreneur Gary Fowler is again making headlines as Yva.ai, which was acquired by HR and workforce analytics provider, ...
Read moreHR-tech serial entrepreneur Gary Fowler is again making headlines as Yva.ai, which was acquired by HR and workforce analytics provider, ...
Read moreHR-tech serial entrepreneur Gary Fowler is again making headlines as Yva.ai, which was acquired by HR and workforce analytics provider, Visier.
Visier is a recognized global leader in people analytics, providing on-demand answers to people-powered businesses. The platform helps employers better manage their business practices when it comes to hiring, firing, and retaining employees boasting an impressive 15,000 customers in 75 countries, including enterprise clients like Adobe, BASF, Bridgestone, Electronic Arts, McKesson, Merck, Uber, and more. Visier is headquartered in Vancouver, BC with offices and team members worldwide.
Yva.ai is one of the few companies to offer an unsupervised AI system that teaches itself to solve enterprise problems, a near non-existent concept in the world of HR. The software predicts employee resignations within a week with 94.5% accuracy, within 5 weeks with 88% accuracy, and within 3-6 months with 70% accuracy, according to Redthread Research.
Yva.ai will be integrated into the Visier platform allowing employees to rate their work experiences weekly via text message to help companies identify potential issues before they manifest.
"When you have this level of transparency about what's going on inside your organization, you're able to make more informed decisions about where more resources are needed or where costs can be cut. I am happy to see that the company I co-founded with David Yang, Yva.ai, was acquired by Visier.” - Gary Fowler, CEO of GSD Venture Studios.
GSD travels the world in search of bold, resilient entrepreneurs and guides them through the minefield of challenges faced by any great idea and its team. Gary and Derek guide portfolio companies through a 15-week accelerator to invigorate global sales, marketing, and traction with their extensive venture-building experience and far-reaching industry contacts. The accelerator’s ultimate goal is to secure funding for participating companies, with the most extraordinary selected for syndication.
This acquisition is a huge advancement in AI. We look forward to seeing how Yva.ai, integrated with Visier, makes a dent in the universe and are even more excited to keep tabs on Gary Fowler’s continued impact in the AI and startup world.