Delhi GovHR Tech Startup Eightfold AI Raiset To Cover Ecycles Under EV Policy, Announces 25% Subsidy
HR tech startup Eightfold AI raised $125 mn in a Series D funding round to hire talent in India. Led by General Catalyst with investors from previous rounds, including Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners.
The company plans to expand and scale its AI-powered Talent Intelligence Platform, which manages talent lifecycle. With this infusion, the company’s total funding stands at $180 mn and it will now be valued at $1 bn along with a customer base across 110 countries, 17 industries and 13 languages.
Eightfold AI offers the most effective way to identify promising candidates, reach diversity hiring goals, retain top performers, and engage talent. It's patented AI-based platform empowers enterprises to turn talent management into a competitive advantage.