Textio has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023. Listed as one of the 10 most innovative companies in business services, Textio is paving the way for businesses to take bias out of hiring and performance management and grow a diverse workforce.
This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World’s 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.
“We are honored to once again be on the Fast Company Most Innovative Companies list,” said Kieran Snyder, CEO and Co-Founder of Textio. “Textio software is the leading edge of DEI technology and AI. We are the only software company around combining AI with data about workplace bias to help managers and recruiters improve everything they write.”
A few notable Textio achievements:
Nearly 1,000 organizations globally wrote over 2M documents in Textio during 2022. These organizations have received nearly 1M additional job applications from women and people of color this year.
Textio launched Textio for performance management, a brand new AI product to help all employees write actionable, equitable workplace feedback at work. The product helps organizations root out potential pay disparities before they happen. We continue to push the boundaries of innovation in workplace communication.
Over 5,000 unique certifications have been earned within Textio U’s online learning portal in the last year. Students have earned professional skills certifications in inclusive recruiting, employer brand, and writing equitable feedback.
Textio has published the most comprehensive study ever documented on bias in workplace communication. The study shows systematic patterns of bias in performance feedback by gender, race, and age across 25,000 people at 250+ organizations.
Textio has published the most systematic analysis of bias in ChatGPT documented to date, surfacing significant data about bias in race, gender, age, and more in ChatGPT output. Textio uses AI ourselves. This is why we are committed to sharing insights about the opportunities and risks of AI with the whole ecosystem to drive accountability.
Fast Company’s editors and writers sought out the companies making the biggest strides around the globe. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.
“What a strange and thrilling year it has been to honor this year’s Most Innovative Companies. This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald’s to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” said Fast Company editor-in-chief Brendan Vaughan.
Fast Company will host its third annual Most Innovative Companies Summit on April 19 and 20. The virtual summit celebrates the Most Innovative Companies in business, and provides an inside look at cutting-edge business trends and what it takes to innovate in 2023. Fast Company’s Most Innovative Companies issue (March/April 2023) is available online here, as well as in-app form via iTunes, and on newsstands beginning March 14.
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