SkyHive, a Vancouver, Canada- and San Francisco, CA-based premier AI-based SaaS platform to reskill enterprise workforces and communities, raised $8m in Series A financing.
The round was led by AllegisCyber Capital, Accenture Inc., Workday Ventures, and the Partnership Fund for New York City.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Founder and CEO Sean Hinton, SkyHive is an advanced source of data for how the world works and learns. With its AI-based engine, the platform reads an employee’s work profile to translate it into skills. It then finds correlation between these skills and the skills extracted from jobs to identify optimized career pathways through learning solutions – all done automatically using millions of real-time data points. This empowers organizations to maximize their workforce capability, increase employee retention, and achieve diversity and inclusion objectives.
The technology works with every kind of workforce – from front-line workers to corporate workers, global businesses to indigenous communities.