Flair Impact Closes $1.8 Million Seed Round
by Startacus Admin
Flair Impact secures major investment to support US expansion and drive its mission of creating a world where all ethnicities can thrive.
Here at Startacus we love hearing and reporting good news about startups, and even more so when we’ve been following their journeys. So we’re delighted to share word one one such startup today - Flair Impact, the black-owned, people analytics company that helps organizations measure and overcome racial bias.
Those of you who attended our LevelUP event which took place as part of Derry & Strabane District Council’s Enterprise Week earlier this year may also already be familiar with Flair Impact since its co-founder, Darrell Coker was one of the panelists at our Diversity & Inclusion session.
Now, in a fab start to December, the company has just announced that it has secured $1.8m seed funding in a round led by Hoxton Ventures, with participation from Samos VC.
Flair now aims to use this funding to expand into the US market and diversify its product range to further drive its mission of creating a world where all ethnicities can thrive.
Nii Cleland, co-founder and CEO, Flair Impact explains: “One of the key challenges faced by organizations is that they do not have the right methods to accurately understand where racial biases lay in their organizations or the right approaches to tackle these biases. Our data-driven solution fulfills this need and tangibly demonstrates how anti-racism initiatives impact an organization’s engagement, wellbeing, and retention.”
Since re-launching in September 2020, Flair has grown considerably, counting The Premier League, Network Rail, and a number of NHS Trusts across the UK amongst its client base and achieving on average over 50% MoM revenue growth.
Having achieved so much in such a relatively short time, we can’t wait to see what the next stage in the Flair journey will be. We’ll no doubt be reporting more good news on the impact of this latest investment soon!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Matter is an innovative startup on a mission to develop pioneering technology solutions for capturing, harvesting and recycling microplastics.
New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
Looking for ways to attract new employees to your startup? Here are some tips to help entrepreneurs entice talented candidates.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
xigxag is a Cornwall-based startup that has created an innovative audiobook app offering great prices, no subscriptions and exclusive access to their listen-and-read x-book®.
The lowdown on Kanda, the fintech startup that's on a mission to help tradespeople build their businesses and win better work.
Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
It may still be a pretty challenging and stressful time for businesses. However, here are a few basic tips that should help...
10 innovative startups on a mission to solve some of the aerospace industry's key challenges are announced as participants in the next Aerospace Xelerated programme.
Published on: 1st December 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Innovation 2121 aims to inspire young people to help shape Northern Ireland’s next 100 years. 21st Jan 2022 New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
- Planet First Partners backs cooling tank technology that reduces data centre climate impact 18th Jan 2022 Submer secures investment to support expansion and growth of its innovative energy and water saving technology.
