What is eightfold.ai?
Founded in 2016 and headquartered in Santa Clara, California, Eightfold.ai operates in the computer software and staffing industries. The company offers a comprehensive Talent Intelligence Platform (TIP) designed to centralize and analyze people data from various sources, including Applicant Tracking Systems (ATS), HR Management Systems (HRMS), resume databases, and spreadsheets. Their platform provides solutions for Talent Acquisition, Diversity, Management, and Experience, empowering organizations to make data-driven decisions regarding their workforce. The company's focus on AI-driven insights positions it as a key player in modernizing HR operations and talent management.
How much funding has eightfold.ai raised?
eightfold.ai has raised a total of $396.8M across 5 funding rounds:
Series A
$5.8M
Series B
$18M
Series C
$28M
Series D
$125M
Series E
$220M
Series A (2016): $5.8M, investors not publicly disclosed
Series B (2018): $18M led by Lightspeed and Foundation Capital
Series C (2019): $28M supported by IVP, Foundation Capital, and Lightspeed Ventures
Series D (2020): $125M featuring Lightspeed Venture Partners, IVP, Foundation Capital, General Catalyst Partners, and Capital One Ventures
Series E (2021): $220M backed by Capital One Ventures, General Catalyst, SoftBank Group, Lightspeed Venture Partners, Foundation Capital, and IVP
Key Investors in eightfold.ai
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
IVP
IVP (Institutional Venture Partners) is a Menlo Park-based later-stage venture capital firm that invests in high-growth technology companies primarily at Series B and beyond across consumer, enterprise, and fintech, typically taking significant minority stakes and supporting companies through scaleup and IPO/M&A exits.
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
What's next for eightfold.ai?
With the infusion of major enterprise-level funding, Eightfold.ai is poised for accelerated growth and expansion. The strategic investment is expected to fuel further development of its Talent Intelligence Platform, enhance its market reach, and potentially support strategic acquisitions. The company's trajectory suggests a focus on scaling its operations, deepening its AI capabilities, and solidifying its leadership in the HR tech landscape. This capital injection will likely enable Eightfold.ai to further innovate and address the evolving needs of global enterprises seeking to optimize their talent strategies.
See full eightfold.ai company page
