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Venture Capital News: Eightfold AI Scoops Up $125M Series D Round

2020-10-27
MOUNTAIN VIEW, CA, Eightfold AI today announced that it has raised a $125 million Series D funding round.
The funds will be used to expand and scale Eightfold's leading AI-powered Talent Intelligence Platform, a single solution for managing the entire talent lifecycle. Using a single platform to address this critical area stands in direct contrast to the disjointed point solutions commonly found in the talent management space. As a direct result of Eightfold's innovative vision and dedication, the company is now valued at $1 billion and works with customers across 110 countries, 17 industries and 13 languages.

The funding round is led by General Catalyst and also includes investors from previous rounds, including Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners. Total funding raised to date by Eightfold AI is more than $180 million. Eightfold has more than quadrupled its sales since the last round of equity funding in April 2019. Eightfold AI's customers, leading companies embracing this global talent transformation, include AirAsia, Bayer, Capital One and Micron.

Eightfold AIĀ® delivers the Talent Intelligence Platform™, the most effective way for organizations to retain top performers, upskill and reskill the workforce, recruit top talent efficiently, and reach diversity goals. Eightfold AI's deep learning artificial intelligence platform empowers enterprises to turn talent management into a competitive advantage. For more information, visit www.eightfold.ai.
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