SHRM

The Society for Human Resource Management (SHRM) is a leading professional association dedicated to serving the needs of HR professionals and advancing the practice of human resource management. Established in 1948 and headquartered in Alexandria, Virginia, SHRM represents over 275,000 members across more than 160 countries, with a strong presence in the United States through its 575 affiliated chapters. The organization provides a wealth of resources, global practices, and networking opportunities for HR professionals, including those engaged in international HR. To foster educational initiatives and strengthen relationships within the field, SHRM has established subsidiary offices in China, India, and the United Arab Emirates. Additionally, SHRM actively participates in the North American Human Resource Management Association and serves as the secretariat for the World Federation of People Management Associations. Through its initiatives, SHRM aims to promote positive social change within the HR profession.

Nicholas Schacht

Chief Global Development Officer

3 past transactions

Clasp

Venture Round in 2024
Clasp, known as Stride Funding, is a company dedicated to providing innovative financial solutions for students seeking educational funding. It offers flexible income sharing agreements that allow students to pay a percentage of their future earnings rather than adhering to a fixed repayment schedule associated with traditional student loans. This structure ensures that repayments remain affordable and directly aligned with the student's income, promoting financial wellness. Clasp aims to protect students from financial strain during periods of adverse career outcomes while also capping total repayments to support their long-term financial security. The company has garnered recognition as a leading venture in the fintech space, receiving endorsements from institutions like Harvard and MIT, and has attracted investments from notable venture firms. Clasp was founded with the mission of transforming the student funding landscape, focusing on both financial support and career development.

Movo

Venture Round in 2023
Movo is a workforce management platform for frontline workers that provides real-time visibility for supervisors and enables large-scale deployments. It combines human capital management with AI-powered features in a mobile-first solution, delivering credentialed professionals and end-to-end software across healthcare, clean energy, manufacturing, and field engineering. The platform helps organizations deploy, credential, and coordinate field staff efficiently, enabling supervisors to handle higher task volumes and manage extensive teams.

Soar

Corporate Round in 2022
Soar is a leading AI-powered human development platform focused on enhancing leadership skills and maximizing individual potential. The company offers a training platform that connects users with certified coaches and business trainers globally. Utilizing advanced AI technology and assessments, Soar matches organizations, teams, and individuals with the right coaching resources to improve employee performance and well-being. By prioritizing human development, Soar aims to uplift individuals and help them achieve their full capabilities.
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