Gloat, a talent marketplace platform, has raised $57 million in a Series C round led by Accel.
Existing shareholders Eight Roads, Intel Capital, Magma Venture Partners, and PICO Partners also participated.
With this new round, Gloat brings its total amount of funding to date to $92 million.
The money will be used to boost product innovation and market expansion.
Founded in 2015 by Ben Reuveni, Amichai Schreiber, and Danny Shteinberg, Gloat is an AI-powered talent marketplace that connects employees with internal work and development opportunities including projects, full-time roles, and mentorships that align with their skills and aspirations.
“We’re living through a paradigm shift in the way leading enterprises are managing talent and work within their organizations. Traditional silos, rigid hierarchies and legacy HR technologies keep employees trapped, with limited opportunities for growth, and slow organizations down,” said Gloat CEO and co-founder Reuveni.
“The most forward-thinking and future-ready companies are breaking down these silos and embracing a more agile approach to workforce management powered by the Talent Marketplace.”
The company says its platform is already being used by Unilever, Schneider Electric, Seagate, Nestlé, Novartis, MetLife, HSBC, and ABInBev.
“As companies are adapting their workforces to be more flexible and take advantage of remote workers, new tools are needed to optimise productivity and ensure equality of opportunities,” said Philippe Botteri, Partner at Accel.
“Gloat pioneered the Talent Marketplace to solve that, and it’s now becoming a strategic tool for global enterprises. Some of the world’s largest, most forward-looking companies are benefiting from the workforce agility enabled by Gloat’s AI-powered platform. The Accel team is looking forward to partnering with Gloat on the next stage of its journey, bringing this fundamentally new way of developing talent and managing work to every global enterprise.”
The company is based in New York, and has offices across the globe and a large R&D center in Tel Aviv, Israel.
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