Catalyte Stock

Catalyte is a pioneering technology company dedicated to transforming the hiring process through the use of AI and data analytics. Headquartered in Baltimore, Maryland, Catalyte was established by Michael Rosenbaum with the vision of harnessing technology to uncover and nurture hidden talent across diverse populations. The company focuses on providing AI advisory services, data services, and cloud services designed to streamline business operations and enhance productivity. Catalyte's core offering is its unique apprenticeship programs that leverage AI to screen candidates based on potential rather than traditional metrics like job history or education. This approach allows them to discover high-potential individuals from various backgrounds and develop them into skilled technology professionals. The apprenticeships include comprehensive training in technical and interpersonal skills, ensuring that graduates are job-ready and capable of delivering immediate value to employers. The company’s AI-driven model uses over 200,000 data points to assess each applicant's likelihood of success, continually refining its algorithm through real-world performance feedback. Catalyte's programs have been successful in deploying over 1,000 apprentices, with a conversion rate of 90% to full-time employment with clients. Their talent solutions support industries ranging from healthcare and government to technology and consumer goods. Catalyte's impact is further illustrated through its client success stories, including partnerships with companies like Nike, Koch Industries, and Molson Coors. These collaborations demonstrate Catalyte's ability to deliver significant business outcomes, such as improved employee engagement, faster time-to-market for new products, and enhanced operational efficiencies. Catalyte remains committed to ethical AI use, diversity, and unbiased talent assessment, aiming to create a more inclusive and effective workforce development ecosystem.