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Kelly Innovation Fund functions as a corporate venture capital arm, strategically investing in technology companies. It focuses on firms developing innovative workforce solutions, particularly in talent acquisition, management, and development. The fund aims to accelerate emerging technologies that meet the evolving demands of the modern labor market.
Established in 2018 by Kelly Services Inc., the fund originated from a key insight: proactive investment in new technologies is vital for the future of work. It leverages Kelly Services' significant industry expertise, supporting ventures that redefine staffing and employment. This initiative reflects a deep commitment to innovation within the human capital sector.
The fund's portfolio primarily consists of early-stage startups and innovators within the workforce solutions space. Kelly Innovation Fund's mission is to empower both workers and organizations by accelerating impactful technologies. Its vision extends to fostering more efficient and equitable talent ecosystems, thereby influencing broader societal and economic progress.
Kelly Innovation Fund has 1 tracked investment across 1 company. The latest tracked deal is $3.2M Seed in Icon Savings Plan in July 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 13, 2020 | Icon Savings Plan | $3.2M Seed | — | Alumni Ventures, Portland Seed Fund, Rethink Impact, Tasc Ventures |
