RecTech Headlines: Eightfold, Talent Inc, Loophire, Stoke, Charthop & More

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Eightfold is at it again. After raising a $125 million dollar round round last they just announced a $220 million dollar series E round. Wow. They are now valued at 2.1 billin dollars.

 

The funds will be used to continue the growth and development of Eightfold’s AI-powered Talent Intelligence Platform and expand its growing partner ecosystem.

 

Since the announcement of Eightfold AI’s Series D funding round in October of 2020, the valuation of the organization has more than doubled. This is a direct result of the significant momentum achieved by customers and partners in the public and private sector. The innovation delivered through a single Talent Intelligence Platform is the foundation for leading global organizations as they prepare for the acceleration of changes in jobs, demand of evolving skills demand and other post-pandemic shifts in the workforce. 

“Powered by AI and machine learning, Eightfold’s platform provides global enterprises with a single solution for managing the entire talent lifecycle, including hiring, retaining, and growing a diverse global workforce,” said Deep Nishar, Senior Managing Partner at SoftBank Investment Advisers. “We are pleased to partner with Ashutosh and the Eightfold team to support their ambition of transforming how enterprises manage talent

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