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Vectorly

Company

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Owners

+ Agency for Strategic Initiatives (ASI)

Vectorly is a Russian platform for motivation and training of IT teams. With the help of the service, managers get insights about the strengths and weaknesses of the team and each employee, which help optimize the cost of training and hiring, assemble a team for the project and connect the personal goals of employees and companies. By February 2021, the platform contains competency map templates for more than 40 IT specialties. The platform operates by subscription, which costs from $6 to $12 per employee per month.

Vectorly was founded by Irina Seng, Alexei Olkhov, Alisa Smelkova, Chongkal Seng and Bulat Salakhov in 2019. For them, this is the third joint business. Previously, they led the development company software Picasel and launched HR-startup Hipo for retail staff.

History

2021: Attracting investment from IIDF

On February 17, 2021, the Internet Initiatives Development Fund (IIDF) announced its investment in Vectorly. The financial and other terms of the transaction are not disclosed.

The startup will direct the attracted investments to marketing, product development and the company's entry into the American market. For Vectorly, this is the first round of funding.

FRII invested in the Russian platform for motivation and training of IT teams Vectorly

According to the FRIE press service, Vectorly was created specifically for managers and employees of IT teams, which distinguishes the platform from other HR-tech products aimed exclusively at HR specialists. Companies use Excel, Google forms, Notion and other products to build the process of developing and evaluating employee competencies. In Vectorly, this whole process is combined in one tool. The platform integrates with Jira and Asana, which allows managers and employees to track what skills are involved in work tasks and how they affect personal development.

Vectorly's clients include Raiffeisen Bank, the international web browser development team Opera and Rostelecom[1]

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