About Praice
Praice is a company based in Copenhagen (Denmark) founded in 2014. Praice has raised $889.87 thousand across 4 funding rounds from investors including Christian Birk. The company has 4 employees as of November 30, 2024. Praice offers products and services including Soft Skills Assessment Tool and Recruitment Platform. Praice operates in a competitive market with competitors including Cangrade, Bryq, Diversely, Equalture and Develop Diverse, among others.
- Headquarter Copenhagen, Denmark
- Employees 4 as on 30 Nov, 2024
- Stage Minicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Praice Aps
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Annual Revenue
Not available
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Net Profit
-$93.04 K (USD)0as on Dec 31, 2022
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EBITDA
-$67.33 K (USD)0as on Dec 31, 2022
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Total Equity Funding
$889.87 K (USD)
in 4 rounds
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Latest Funding Round
$491.78 K (USD), Seed
Nov 30, 2020
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Investors
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Employee Count
4
as on Nov 30, 2024
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Products & Services of Praice
Praice offers a comprehensive portfolio of products and services, including Soft Skills Assessment Tool and Recruitment Platform.
Assesses individual strengths for better job matching and recruitment
Screens candidates based on soft skills to minimize bias in hiring
People of Praice
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Funding Insights of Praice
Praice has successfully raised a total of $889.87K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $491.78 thousand completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Praice
Praice has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Christian Birk.
| Investor | Description | Founded Year | Domain | Location |
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CB
Christian Birk |
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Investor details for Praice
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Investments & Acquisitions by Praice
Investment portfolio details for Praice
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Financial Statements - Praice
Detailed financials for Praice
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Praice Comparisons
Peer comparison for Praice
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Competitors of Praice
Praice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cangrade, Bryq, Diversely, Equalture and Develop Diverse, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Employee success is predicted through web-based candidate assessments.
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Cloud-based applicant tracking and candidate screening platform is provided.
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AI-driven workplace monitoring platform is provided by Diversely.
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Diversity recruitment is enabled by a cloud-based AI assessment platform.
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AI-based recruitment platform
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Detailed competitors of Praice
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Latest news on Praice
Complete news archive for Praice
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Frequently Asked Questions about Praice
Praice was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Praice is headquartered in Copenhagen, Denmark.
Christian Weis Hojfeldt is the current CEO of Praice.
Praice is a funded company, having raised a total of $889.87K across 4 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Praice is 4.
Founded in 2014 and based in Copenhagen, Denmark, Praice operates as a candidate screening platform in the HR technology sector. Behavioral profiles are generated using over 360 metrics to evaluate applicants without influences from factors such as names, languages, experience levels, or resume images. Services focus on reducing unconscious biases in recruitment processes for organizations worldwide.
Praice offers Soft Skills Assessment Tool and Recruitment Platform.
Praice has 1 investor. Key investors include Christian Birk.
The valuation of Praice is $1.52M as of Nov 2020.