Walmart uses technology to bridge employment opportunity gap
A discount giant is banking on technology to help workers — inside and outside of retail — overcome barriers and advance their skills.
Walmart is an investor in the Employment Technology Fund, an investment fund created in September 2017 by the Walmart Foundation and the Rockefeller, Joyce and W.K. Kellogg Foundations. The firm targets innovative tech-based solutions that support the more than 100 million adults living in America who struggle to find employment.
In an effort to bolster its solutions portfolio, the fund has invested in three new tools. The first, Signal Vine, is a company that uses text messaging to deliver highly personalized and interactive coaching to drive better behaviors and outcomes.
The EFT Fund is also leveraging SkillSmart, a skills-matching platform that increases transparency in the career development and job search process. Finally, it is investing in Nepris, a video-driven platform that provides teachers and students a way to connect with professionals around the world.
“These three companies exemplify a growing force of new entrepreneurs who share the belief that technology can drive social and economic progress,” Yigal Kerszenbaum, managing director, Employment Technology Fund, said in a blog on Walmart’s website.
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Walmart is an investor in the Employment Technology Fund, an investment fund created in September 2017 by the Walmart Foundation and the Rockefeller, Joyce and W.K. Kellogg Foundations. The firm targets innovative tech-based solutions that support the more than 100 million adults living in America who struggle to find employment.
In an effort to bolster its solutions portfolio, the fund has invested in three new tools. The first, Signal Vine, is a company that uses text messaging to deliver highly personalized and interactive coaching to drive better behaviors and outcomes.
The EFT Fund is also leveraging SkillSmart, a skills-matching platform that increases transparency in the career development and job search process. Finally, it is investing in Nepris, a video-driven platform that provides teachers and students a way to connect with professionals around the world.
“These three companies exemplify a growing force of new entrepreneurs who share the belief that technology can drive social and economic progress,” Yigal Kerszenbaum, managing director, Employment Technology Fund, said in a blog on Walmart’s website.
Click here for more.