Vericant is a Beijing-based English evaluation platform. The company provides third-party video interviews, identification verification and other services to schools in North America, to help them better manage increasing numbers of Chinese applicants.
Expert Collections containing Vericant
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Vericant is included in 1 Expert Collection, including Education Technology (Edtech).
Education Technology (Edtech)
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Latest Vericant News
Oct 10, 2023
Posted on In the digital age, where data-driven decision-making is paramount, many sectors are quickly recognising the benefits of Artificial Intelligence. Share this: Interviews bring colour to the black and white statistics of test scores and grades From healthcare to finance, AI is streamlining processes, enhancing precision, and improving outcomes. The world of admissions, poised at the critical juncture of shaping future professionals, shouldn’t be an exception. The critical role of interviews in admissions Interviews have always played a pivotal role in the admissions process. According to a report by the Educational Advisory Board, interviews can influence admissions decisions by as much as 25%. This reveals their undeniable weight in determining a student’s fit for an institution. Interviews bring colour to the black and white statistics of test scores and grades, uncovering interpersonal skills, passion, and potential that paper cannot reflect. They breathe life into applications, offering a holistic view of an applicant. However, the sheer volume of applications and interviews, especially in prominent institutions, often means that a consistent, objective, and scalable approach to interviewing is elusive. AI’s answer to scaling and standardising This is where AI can be transformative. This isn’t about replacing the human touch but about augmenting it. An AI tool can review hundreds of interviews and pinpoint critical moments, topics discussed, and even the sentiment behind responses. This allows admissions officers to focus on the crux of the interview rather than getting bogged down by the volume. Furthermore, by transcribing and analysing speech, AI neutralises the effects of implicit biases, ensuring that every candidate’s interview is summarised based on the content of their responses, rather than unconscious prejudices. Efficiency meets effectiveness Apart from standardisation, AI in admissions offers scalability. Top institutions often receive thousands of applications. Manually sifting through each interview is not only time-consuming but also mentally exhausting. With AI’s capacity to process information rapidly, admissions teams can efficiently go through a larger number of interviews without compromising on the quality of assessment. A case in point: Vericant’s contribution As the conversation around AI in admissions gains traction, Vericant emerges as a pioneer with its AI Insights™. As the first interview company to integrate advanced AI tools, Vericant has pushed the envelope in defining what’s possible in this space. Their suite of tools reflects the full spectrum of what AI can offer. The full transcripts feature provides a distraction-free view of interviews by filtering out common speech pauses like “umm”s, enhancing clarity. The enhanced video captions are an ingenious solution to audio issues, ensuring that the core of an applicant’s response is never missed. The tool’s ability to provide both succinct interview summaries and detailed interview descriptions ensures that admissions teams can get a snapshot, or a deep dive whenever needed. Moreover, with topic identification and topic-based chapters, Vericant’s AI Insights™ eases the navigation through interviews, allowing admissions officers to swiftly zero in on key themes and areas of interest. Furthermore, Vericant’s ability to analyse writing samples, offering writing sample snapshots and pinpointing primary topics, adds another layer of depth to the assessment. “Apart from standardisation, AI in admissions offers scalability” All these features combined underpin Vericant’s mission: “Empowering you to make better applicant decisions.” With their innovative approach, Vericant is not just facilitating efficiency but is enhancing the depth and breadth of evaluation, setting a benchmark in the admissions landscape. Concluding thoughts As the world progresses, the importance of unbiased, efficient, and precise decision-making in admissions cannot be understated. AI presents an opportunity to level the playing field, ensuring every candidate is assessed fairly and thoroughly. By embracing AI, institutions aren’t just adopting a new technology; they’re taking a step towards a future where every admission decision is informed, fair, and forward-thinking. About the author: this is a sponsored post from Brandon Woods. Brandon is the VP of Growth and Partnerships for Vericant. He has a dedicated career in working for organisations that have a real human impact. At Vericant, Brandon is focused on working with admissions officers and partners to take control and scale their interview process, while at the same time guaranteeing access and equity to all applicants.
Vericant Frequently Asked Questions (FAQ)
When was Vericant founded?
Vericant was founded in 2011.
Where is Vericant's headquarters?
Vericant's headquarters is located at Beijing.
What is Vericant's latest funding round?
Vericant's latest funding round is Acq - Fin.
Who are the investors of Vericant?
Investors of Vericant include ETS Strategic Capital, AngelVest and Shunwei Capital Partners.