Fundraising Fox

Arctic Shores

Founded 2013 · 43 employees on LinkedIn · 5 known investors

Arctic Shores provides psychometric testing and recruitment tools designed to reduce hiring bias and support diversity goals for businesses. The company helps organizations build fairer teams by removing unconscious bias from their hiring processes.

Also known as Arctic Shores Limited

Investors · 5

Also in the syndicate · 2

Calculus CapitalCandy Ventures

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Arctic Shores is a Manchester-based HR technology company that develops behaviour-based psychometric assessments for recruitment. Rather than asking candidates self-report questions or screening CVs, its assessment presents interactive tasks and records how candidates respond, curating more than 12,000 data points per candidate to produce measures of personality and of "Workplace Intelligence", the company's alternative to cognitive ability testing. The methodology combines neuroscience, psychology and game design, and the underlying science was developed with support from an Innovate UK grant and led by Chief Scientist Lara Montefiori, an academic at University College London.

The product is delivered through an assessment and campaign management platform in which employers configure assessments with drag-and-drop tools, select off-the-shelf assessments built by the company's business psychologists, or have the Arctic Shores team design them. The platform integrates with applicant tracking systems, ranks candidates, supplies interview guides, and sends candidates automated personalised feedback. Business psychologists and programme managers support customers through implementation, success-criteria definition, interview design and campaign data analysis. An earlier self-service platform was branded UNA, and the company has released what it describes as the first task-based assessment for Learning Agility.

The company positions its interactive format as resistant to generative AI tools such as ChatGPT, which it argues have undermined CVs and text-based question assessments, and as reducing adverse impact on protected groups relative to traditional question-based tests.

Founding story

Co-founder Robert Newry was prompted to act after hearing that a friend's daughter had been rejected from five graduate jobs despite strong academic qualifications, having underperformed on a numerical reasoning test used in similar form by all the employers. With Safe Hammad, with whom he had previously built a business, he set out to challenge the status quo in a sector with greater social impact, bringing together UK strengths in neuroscience, psychology and game design to identify talent.

Business model

B2B software and services sold to employers' talent acquisition functions, combining an assessment platform with consulting support from in-house business psychologists and programme managers; assessments can be self-configured, taken off the shelf, or built by the Arctic Shores team.

Traction

By 2020 more than 1.5 million candidates had been assessed, the platform had been translated into 22 languages and used in 60 countries, and the client base exceeded 100 companies. By January 2023 the company reported more than three million candidates assessed worldwide and clients in over 40 countries, with growth in Germany including contracts with Airbus, Siemens and Schneider Electric. The website states it has worked with more than 350 organisations. Company data cited claims diversity improvements of up to 60%, quality-of-hire improvements of up to 40%, turnover reduction of 40% within six months, 85% candidate enjoyment and a 91% completion rate.

Latest developments

In January 2023 the company announced a Series B round of about £5.75 million (€6.4 million) led by Praetura Ventures with Calculus Capital and existing investor Beringea, earmarked for a self-configure platform, an updated workplace intelligence assessment and European expansion. In October 2024 it published a research report on candidates' use of AI in recruitment processes. The website advertises a task-based assessment for Learning Agility as a new product release, and lists Estelle McCartney as Chief Executive Officer with co-founder Robert Newry as Chief Explorer.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as offering a next-generation alternative to CV screening and traditional question-based psychometric tests, and as one of the few assessments resistant to generative AI completion. The company states it has helped over 350 organisations and describes its principal competition as unstructured, gut-feel hiring.

Uses tasks rather than questions, so responses cannot readily be generated by AI chatbots; measures behaviour and learning rather than self-report or right answers; claims reduced bias and adverse impact, higher completion and enjoyment rates among candidates, and support from in-house business psychologists rather than lengthy certification requirements.

Technology

Task-based psychometric assessment combining neuroscience, psychology, AI and game technology. Candidates complete interactive tasks and are scored on how they think and learn rather than on self-reported answers or correctness; over 12,000 data points are captured per assessment (reported as 10,000+ in 2023 coverage). Traits assessed include determination, resilience, creativity and learning agility. The platform offers assessment building tools, ATS integrations, candidate ranking, interview guides, employer branding and automated candidate feedback.

Go-to-market

Direct enterprise sales to talent acquisition teams supported by case studies, research reports, guides and a skills-based hiring playbook, a resources hub and a TA Disruptors newsletter; growth funded by venture investment and expansion into continental Europe.

Talent acquisition and HR teams at large and mid-sized employers, initially for early-careers and graduate hiring and later broadened to roles where prior experience is a weak indicator of capability. Named customers include Deloitte, PwC, Capita, Siemens, Deutsche Telekom, Vitality, Thales, TalkTalk, Arcadis, Airbus and Schneider Electric.

Geography

Headquartered in Manchester with an additional office in London; almost half of revenues were international as of the ScaleUp Institute profile. Assessments have been used in 60 countries and clients span over 40 countries, with an expansion focus on continental Europe, including Germany.

History

Founded in 2014 by Robert Newry and Safe Hammad, entrepreneurs who had worked together on a prior venture. Its first client was Deloitte, with a project going live in 2015; reaching proof of concept took a year and it took a further year to reach a tenth customer. It secured a $5.5 million Series A led by Beringea at the end of 2019. In 2020 it joined the Tech Nation Upscale programme and the SVC2UK Scale Up Club, made its first appearance in the Deloitte Technology Fast 50 Index, received UK Government Future Fund backing, and appointed Adam Hale as chairman. In January 2023 it raised roughly £5.75 million (about €6.4 million) in Series B funding led by Praetura Ventures with Calculus Capital and existing shareholder Beringea.

Risks & controversies

The company's efficacy and outcome figures — including diversity, quality-of-hire, turnover, completion and candidate satisfaction statistics — are self-reported company data. Its own materials note that measuring psychometric assessment efficacy requires lengthy validation, with its first client engagement taking a year to reach proof of concept and a further year to reach ten customers.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Assessment completion rateJan 202491%
Candidate enjoyment rateJan 202485%
Candidates assessedJan 20233,000,000 candidates
Client companiesJan 2020100 companies
Countries where platform is usedJan 202060
Countries with clientsJan 202340
Data points captured per assessmentJan 202412,000 data points
EmployeesJan 202068 employees
Organisations servedJan 2024350 customers
Platform languagesJan 202022 languages

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Oct 2024
Research report on candidate use of AI in recruitment

Arctic Shores published a research report on how candidates are using AI in the recruitment process, arguing that traditional selection tools are now redundant.

source ↗

Jan 2024
Task-based assessment for Learning Agility

The company announced a new product release described as the world's first task-based assessment for Learning Agility.

source ↗

Jan 2023
Series B of about £5.75 million (€6.4 million)

Praetura Ventures led the Series B alongside Calculus Capital, with existing shareholder Beringea participating. Proceeds were earmarked for a self-configure platform, an updated workplace intelligence assessment and European expansion.

$6.4M source ↗

Jan 2020
Debut appearance in Deloitte Technology Fast 50 Index

Arctic Shores made its first appearance in the Deloitte Technology Fast 50 Index and was admitted to the Tech Nation Upscale 2020 cohort and the SVC2UK Scale Up Club.

source ↗

Jan 2020
Adam Hale appointed chairman

ScaleUp Institute chair Adam Hale was appointed chairman of Arctic Shores.

source ↗

Jan 2019
$5.5M Series A led by Beringea

At the end of 2019 Arctic Shores secured a $5.5 million Series A investment led by Beringea, with participation from existing angel investors and shareholders including Candy Ventures, to accelerate product development and international expansion.

$5.5M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Arctic Shores do?
UK-based provider of task-based psychometric assessments that measure candidate potential instead of relying on CVs.
Who are Arctic Shores's investors?
Arctic Shores's investors include Beringea, Beringea ProVen VCT, Calculus Capital Ltd..