Retainable (Acquired) made a noteworthy entrance into the HR technology space, focusing on reducing employee turnover through innovative AI and machine learning solutions. Founded in 2017, the company operates in sectors such as AI, Analytics, Big Data, Enterprise Software, SaaS, Human Resources, and Machine Learning.
Featuring the slogan, "Retainable helps businesses grow stronger with happier workplace by reducing employee turnover and increasing retention," the company's core product stands out through its unique "employee flight risk" algorithm. This system leverages internal monitoring and external market data to provide actionable insights, making it a valued tool for enterprises aiming to retain top talent.
Headquartered in the United States, Retainable's last recorded financial activity was a $620.00K Seed Round investment on 10 May 2017. Despite a lack of disclosed investors, the company's acquisition indicates its successful impact and potential for sustainable growth in the HR tech industry.