retrain.ai, a NYC-based Talent Intelligence Platform, raised an additional $7m in funding.
Backers included current investors Square Peg, Hetz Ventures, TechAviv, .406 Ventures and Schusterman Family Investments and new investor Splunk Ventures.
The company intends to use the funds for U.S. expansion, hiring of key talent and product development.
Led by Dr. Shay David, Co-Founder and CEO, retrain.ai uses AI and machine learning to allow governments and organizations to retrain and upskill talent for jobs of the future, enable diversity initiatives, and empower employees and jobseekers to take control of their career paths.
The new capital expands the company’s total funding to $20m.