FinTechFunding

Eightfold AI: Raises $125M in Series D Funding

  • Eightfold AI, a Mountain View, CA-based AI-powered talent intelligence platform provider, raised $125M in a Series D funding round
  • The round was led by General Catalyst with participation from Capital One Ventures, Foundation Capital, IVP, and Lightspeed Venture Partners
  • The company, which has now raised more than $180m and valued at $1 billion, intends to use the funds to expand and scale its platform
  • Led by Ashutosh Garg, Founder & CEO, Eightfold provides an AI-powered talent intelligence platform for managing the entire talent lifecycle
  • The system uses deep learning AI on existing public and legacy HCM data to allow companies to acquire
  • The company now works with customers across 110 countries, 17 industries, and 13 languages
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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