Eightfold.ai Secures $28M in Series C Funding

Eightfold ai LogoEightfold.ai, a Mountain View, Calif.-based creator of a talent intelligence platform, raised $28m in Series C funding.

The round, which brought total funding to $55m, was led by Foundation Capital and Lightspeed Ventures.

The company intends to use the funds to continue to expand operations.

Co-founded by Ashutosh Garg and Varun Kacholia, Eightfold.ai provides an artificial intelligence–based talent intelligence platform for enterprises to identify promising candidates, reach diversity hiring goals, retain top performers, and engage talent. The system is also available via a set of channel partners, including the SAP App Center, and integrates with major human resource information systems (HRIS) and applicant tracking systems (ATS).
Current customers include Conagra, AdRoll Group, Tata Communications and DigitalOcean.



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