Zoma Capital Invests in Colorado-Based PAIRIN to Support Its Mission of Making Education Relevant and Hiring Equitable
DENVER, November 30, 2017 (Newswire.com) - Zoma Capital, the investment arm for the family office of Ben and Lucy Ana Walton, has announced an investment in PAIRIN, a social enterprise company that uses friendly science to personalize career exploration, hiring and professional development.
Zoma Capital’s focus on investing in solutions addressing key social problems in workforce development and community development, along with its geographic focus in Colorado, made an investment in PAIRIN a clear fit. Research shows an expanding skills gap in the United States, with only 11 percent of employers feeling like recent college graduates are prepared for the work world. This makes PAIRIN’s ability to measure and develop the soft skills that are 75 percent of what predicts an individual’s success in a job or program, a critical piece of solving our country’s talent pipeline crisis.
PAIRIN's proven tools are transforming how we prepare the future workforce and how we match individuals to optimal career paths where they can find meaningful work.
Melissa Cheong, Chief Investment Officer of Zoma Capital
“PAIRIN’s proven tools are transforming how we prepare the future workforce and how we match individuals to optimal career paths where they can find meaningful work,” said Melissa Cheong, chief investment officer of Zoma Capital. “The company checks every box for what we look for in investment opportunities – from social impact to financial stability to strong growth potential. We look forward to watching PAIRIN’s influence continue to change the future of work,” Cheong added.
PAIRIN recently launched its online soft skills curriculum which includes 300 micro-lessons designed to address 54 different soft skills, such as critical thinking, decisionmaking and grit. By prioritizing curriculum recommendations for each individual based on their career goals and making them instantly assessable on any device, PAIRIN is making soft skill development easier and more impactful than ever before.
About Zoma Capital
Zoma Capital invests in a broad range of market-based sustainable solutions addressing environmental and social problems, with an emphasis on education, energy, water, health care and community development, and with a geographic focus on Colorado and Chile.
About PAIRIN
PAIRIN is a social enterprise software company whose mission is to make education relevant and hiring equitable. The PAIRIN Readiness Management SystemTM is the world’s first industry-independent cloud-based solution for integrating soft skills development and matching into any program or company. Recognized as the 2017 Denver Chamber of Commerce Start-Up of the Year, the 2017 Colorado Technology Association APEX Emerging Tech Company of the Year award and 2017 Colorado Companies to Watch winner, PAIRIN continues to lead the skills-based talent pipeline evolution for education and industry. Find out more at www.PAIRIN.com.
Source: PAIRIN, Inc.
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Tags: career exploration, Colorado, hiring, meaningful work, PE investments, private equity, professional development, workforce development