Psychometric assessment provider Arctic Shores secures nearly £6m investment

Arctic Shores has secured a £5.75m Series B investment to accelerate the development of its soft-skills assessment and international expansion, specifically in Europe.

Founded in 2014 by Robert Newry and Safe Hammad, the Manchester-based psychometric assessment provider has become a market leader in hiring for potential and soft skills. Praetura Ventures, a Manchester-based venture capital firm, along with London-based private equity firm Calculus Capital, led the transaction with participation from existing shareholder Beringea.

With existing customers including Vitality, PwC and Siemens, Arctic Shores is helping employers build the diverse, successful workforce of tomorrow. Its assessments enable organisations to widen their talent pools, unearthing high-quality candidates often overlooked by CV screening and traditional tests. 

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