Gloat, a NYC-based maker of an AI talent marketplace, raised $25m in Series B funding.
The round was led by Eight Roads Ventures, the proprietary investment firm backed by Fidelity, alongside Intel Capital. Existing investors Magma Venture Partners and PICO Partners also participated.
The funds will be used to expand Gloat’s New York and Tel Aviv offices by hiring, and further enhance its HR technology.
Founded by Ben Reuveni, Amichai Schreiber, and Danny Shteinberg, Gloat provides an AI-powered internal talent marketplace which gives full visibility on an individual’s unique career path, by analyzing different possible career options and following the achievements and aspirations of an employee from their first day at the company. It then proactively matches employees with internal part-time projects, gigs, full-time positions, mentorships, and job swaps so they can grow and gain targeted new skills, while also expanding their network.
Gloat also enables enterprises to gain real-time insights into their internal talent pools and impending skills gaps, providing managers with the frictionless access to the skills they need without the need for costly external recruitment.
The company has offices across the globe with a large R&D center in Tel Aviv, Israel.