Eightfold AI secures $125 mn from General Catalyst and others

Noida based talent intelligence startup Eightfold AI has raised $125 million in series D round funding from General Catalyst.

The funding also saw the participation from its existing investors as Capital One Venture, Foundation Capital, IVP, and lightspeed Ventures Partners.

Eightfold AI in its statement said, “The company will use the new round funding for hiring talents and to expand and scale its platform.”

Speaking on the fundraise, Ashutosh Garg, Co-founder & CEO of Eightfold AI said, “Our mission is to leverage our expertise in AI to provide the right career for everyone in the world.”

“Eightfold has built an intelligence-driven platform for talent acquisition and optimization for enterprises. What’s been most impressive is their approach to partnering with companies to fundamentally understand their needs and then applying tech against those needs to create a scalable, efficient approach to talent management,” said Quentin Clark, managing director at General Catalyst.