NEW YORK and DENVER; Aug. 6, 2021 – Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Pipeline, a Denver-based startup that uses artificial intelligence (AI) technology to increase financial performance by closing the gender equity gap.
Pipeline’s cloud-based AI platform helps companies assess, address and action against gender biases. By analyzing hiring, pay, performance, potential and promotion data, Pipeline helps organizations quickly identify internal areas of unconscious bias to make gender equity actionable and attainable, providing recommendations that support improved financial performance for the organization, as well as growth for the individual. It’s a significant opportunity: Pipeline research found that for every 10% increase in intersectional gender equity, organizations realize a 1-2% increase in revenue.
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