SAN FRANCISCO — SAP SE (NYSE: SAP) today announced the launch of the SAP.iO Foundry San Francisco Winter 2019 Cohort. During the next three months, SAP will accelerate seven HR technology startups from across the globe as part of the program.
In collaboration with SAP SuccessFactors management, the announcement will be made at the Cohort Launch Day at the SAP.iO office in San Francisco.
The new cohort includes startups that are pioneering exciting new capabilities for human resources, such as assistive intelligence that revolutionizes recruiting, mobile microlearning based on the science of adult learning and gamification, artificial intelligence-enabled mentorship matching, and behavioral science–based development tools for improving team performance. The selected startups will have access to curated mentorship and exposure to SAP technology and application programming interfaces (APIs), as well as opportunities to collaborate with SAP customers who can benefit from their solutions.
The San Francisco cohort received more than 100 applicants, with 16 companies being invited to the program’s Selection Day in November 2018. Seven startups were selected to join the cohort, five of which have female and minority founders, reflecting SAP’s commitment to diversity and alignment with the SAP.iO No Boundaries initiative to offer venture capital and incubation to underrepresented entrepreneurs.
“We are excited at the opportunity and privilege to partner with these amazing ‘rising stars’ of the next-gen HR ecosystem, and to support them by bringing the best of SAP to bear, as they build innovative solutions that deliver high value to SAP customers,” said SAP.iO Managing Director Ram Jambunathan.
The cohort consists of the following startups:
“We’re excited to welcome this innovative group to the San Francisco Winter 2019 Cohort,” said SAP SuccessFactors Global Head of Product Amy Wilson. “SAP is passionate about advancing technology that enables humans to be more human in the workplace, and the impressive startups selected will certainly help HR and business leaders solve some of today’s biggest people challenges in fresh and innovative ways.”
The program will culminate at the Cohort Demo Day in April 2019.
SAP.iO is growing a generation of revolutionary software businesses in the SAP ecosystem and supports visionary entrepreneurs leveraging SAP data, APIs and technologies to build products, find customers and change industries. SAP.iO uses the same unique assets to empower startup teams within SAP to transform the way businesses are run. For more information, visit http://sap.io/.
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