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Eightfold AI Bags $125 Million in Series D Funding Round

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A Noida based talent search tech-startup Eightfold AI raises $125 million in series D round funding from General Catalyst.

The round also saw participation from Capital One Venture, Foundation Capital, IVP, and lightspeed Ventures Partners. The company will use the new round funding for hiring talents and to expand and scale its platform.

In a statement regarding the fresh round of funding received, Eightfold AI said, Present in the fundraising event, Ashutosh Garg, Co-founder & CEO, Eightfold AI, who while speaking about the fundraising, said, “Our mission is to leverage our expertise in AI to provide the right career for everyone in the world.”

Commenting on the occasion, Quentin Clark, Managing Director, General Catalyst, said, “Eightfold has built an intelligence-driven platform for talent acquisition and optimization for enterprises."

The company will use the new round funding for hiring talents and to expand and scale its platform

"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,” he added.

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