Talent platforms are becoming core to how companies attract, hire, and retain top quality of talent.
Beamery’s Series C totaled $138 million and was led by Ontario Teacher’s Pension Plan Board and its Teachers’ Innovation Platform (TIP) fund. Accenture Ventures, EQT Ventures, M12, and Workday Ventures also took part in the round.
This comes three years after a $28 million Series B led by EQT and Microsoft and on the back of a record-breaking year for Beamery during which it claims to have helped fill one million roles.
Beamery’s talent platform connects and standardizes data, and relies on deep learning and AI to give context to candidates and their data.
The platform is an all in one for the entire talent lifecycle, but has specific product offerings for talent attraction, engagement, and retention.
Beamery plans to use the funding to grow its own team, further develop its talent platform offerings, as well as attract more customers to its platform.
It current serves customers ranging from AstraZeneca, Workday, NASDAQ, DocuSign, and Continental.
Beamery co-founder and CEO Abakar Saidov said: “Changes to the way we work, shifting expectations of candidates, and the sheer pace of recruiting demands, have led organizations to rethink how they approach recruitment and retention.
“Enterprise talent teams are driving significant global transformation as they build towards this new future of work, and this investment will enable us to scale globally with growing demand and build the new category in enterprise technology.”
TIP senior managing director Olivia Steedman added: “Beamery’s best-in-class approach is already transforming how leading global companies recruit and retain talent.
“As companies accelerate their focus on developing their people and building more agile workforces, Beamery’s cutting-edge solutions and clear vision for transforming talent can provide a competitive edge. We’re excited to partner with them on this journey.”
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