US-based digital skills assessment management platform iMocha raised $14 million in Series A led by Eight Road Ventures with participation from iMocha’s existing investors including Upekkha and Better Capital.
The fresh capital infusion will be deployed to increase iMocha’s skill library selection, reach more global enterprises, and widen its partnership base within the HRtech ecosystem. As part of the deal, Aditya Systla, partner at Eight Road Ventures and Prasanna Krishnamoorthy will join iMocha board.
Founded in 2015 by Amit Mishra and Sujit Karpe, iMocha helps talent acquisition and management teams to thoroughly assess individual skills proficiency with job-role based assessments for both recruitment and learning. The startup claims to leverage AI simulators, interviewing tools, and talent analytics, to serve fast-paced organisations.
Karpe said that iMocha’s ability to create a skill-fit market has helped several Fortune500 Companies to trust them with their skill assessment and benchmarking needs. The startup serves more than 300 clients across the world.
iMocha claims that its library has over 2,000 assessments across coding, data science, AI, ML, cybersecurity, RPA, enterprise applications, cloud computing, storage, network, infrastructure management, application development, among others.