Eightfold AI joined the Unicorn Club after raising $396.8 million across multiple funding rounds, reaching a $2 billion valuation. Founded in 2016 and headquartered in Santa Clara, California, United States, Eightfold AI provides an AI powered talent intelligence platform that helps enterprises hire, retain, and upskill talent using deep learning and data driven insights.
The platform supports workforce planning, recruiting, and internal mobility at scale.
Keep reading to learn how Eightfold AI scaled into a $2 billion enterprise AI unicorn.
What Is Eightfold AI and What Does It Do?
Founded in 2016, Eightfold AI is an enterprise talent intelligence platform that applies deep learning and artificial intelligence to workforce management. The platform helps organizations identify, hire, retain, and develop talent by matching people to roles based on skills, potential, and career trajectories.
Eightfold AI is used by large enterprises to improve recruiting efficiency, reduce bias, enable internal mobility, and support strategic workforce planning. Its AI models analyze billions of career data points to deliver predictive insights across the employee lifecycle.
How Much Funding Has Eightfold AI Raised?
1. Seed Round
- Amount Raised: $15.8 million
- Date: 2017
- Lead Investors: Early stage institutional and angel investors
- Purpose: Build core AI models and validate talent intelligence platform
2. Series A Round
- Amount Raised: $8 million
- Date: 2018
- Lead Investors: Foundation Capital
- Purpose: Expand engineering team and launch enterprise pilot deployments
3. Series B Round
- Amount Raised: $28 million
- Date: 2019
- Lead Investors: Lightspeed Venture Partners
- Purpose: Scale enterprise sales, enhance AI capabilities, and grow customer base
4. Series C Round
- Amount Raised: $125 million
- Date: 2020
- Valuation: Undisclosed
- Lead Investors: General Catalyst
- Purpose: Accelerate global expansion and deepen talent intelligence products
5. Series D Round
- Amount Raised: $220 million
- Date: 2021
- Valuation: Approximately $2 billion
- Lead Investors: General Catalyst, Lightspeed Venture Partners
- Purpose: Scale platform adoption, invest in AI research, and expand enterprise partnerships
Total Funding Raised: $396.8 million Latest Funding Date: 2021 Latest Known Valuation: $2 billion
Key Investors
- General Catalyst
- Details: Global venture capital firm backing growth stage technology leaders
- Focus Areas: Enterprise software, AI platforms, and data driven companies
- Lightspeed Venture Partners
- Details: Multistage venture capital firm
- Focus Areas: Enterprise SaaS, artificial intelligence, and cloud platforms
- Foundation Capital
- Details: Early stage venture capital firm
- Focus Areas: Applied AI, enterprise technology, and data platforms
- IVP
- Details: Growth stage investment firm
- Focus Areas: Enterprise software and scalable technology companies
Where Is Eightfold AI’s Headquarters?
Eightfold AI is headquartered in Santa Clara, California, United States, serving as the central base for its AI research, product development, and enterprise operations.
What’s Next for Eightfold AI?
Eightfold AI plans to expand its talent intelligence platform with deeper skills inference, predictive workforce analytics, and AI driven career development tools. The company is focused on increasing enterprise adoption, supporting large scale workforce transformation initiatives, and advancing responsible AI in human capital management.
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