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10th September 2019

Arctic Shores secures $5.5m Series A led by Beringea

Arctic Shores, the Manchester-based psychometric assessment provider, has announced that it has secured a $5.5m Series A investment to accelerate its international expansion. Beringea, the transatlantic venture capital investor, led the transaction with participation from existing shareholders including Candy Ventures.

Arctic Shores was founded in Manchester by Robert Newry and Safe Hammad, two serial entrepreneurs with substantial experience building technology businesses. The business provides a platform for psychometric assessments that leverages a pioneering approach in artificial intelligence and neuroscience – the science of which was developed and led by Lara Montefiori, Chief Scientist at Arctic Shores and an academic at University College London.

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