On February 23rd, award-winning startup Pipeline announced that Workday Ventures has made a strategic investment in the firm, making it part of the Workday Software Partner Program.
Pipeline is at the frontline of using artificial intelligence (AI) to help companies maximize their financial potential by closing the gender equity gap. Following the Workday Human Capital Management integration, Pipeline will enable clients to identify inequity in their employee lifecycle and achieve gender parity faster.
"It's critical that organizations have the tools they need to help identify and address equity gaps in their workforce. Pipeline's technology can help companies improve gender equity, while also leveraging the data and insights needed to proactively take action to mitigate bias."
- Mark Peek, managing director and head of Workday Ventures
"The pandemic widened the intersectional gender equity gap across the world. Our partnership with Workday, a world-class enterprise software company and leader in human resources and financial management, allows us to help organizations accelerate equity and close the gender equity gap in this lifetime."
- Katica Roy, founder and CEO of Pipeline
With Pipeline’s AI-powered platform, organizations can not only identify but also address intersectional gender biases in the workplace. According to Pipeline’s research, organizations reported a 1-2% increase in revenue for every increase of 10% in intersectional gender equity.