Eightfold AI Gets $125 Mn From General Catalyst And Others

CIOReviewIndia Team | Monday, 30 November 2020, 14:27 IST

Based in Noida, talent intelligence startup Eightfold AI raises $125 million in series D round funding from General Catalyst.

Capital One Venture, Foundation Capital, IVP, and lightspeed Ventures Partners also participated in the fundraising.

In a statement after raising fund, Eightfold AI said, “The company will use the new round funding for hiring talents and to expand and scale its platform.”

Present in the fundraising event, Ashutosh Garg, Co-founder & CEO, Eightfold AI, who while speaking about the fundraising, said, “Our mission is to leverage our expertise in AI to provide the right career for everyone in the world.”

Also present in the event, Quentin Clark, Managing Director, General Catalyst, expressed views, saying, “Eightfold has built an intelligence-driven platform for talent acquisition and optimization for enterprises. What’s been most impressive is their approach to partnering with companies to fundamentally understand their needs and then applying tech against those needs to create a scalable, efficient approach to talent management.”

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