Gloat, a NYC-based provider of Talent Marketplace platform, raised $57M in Series C funding. The round was led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners.
“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 Ben 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.”
Gloat was founded in 2015 by Ben Reuveni, Amichai Schreiber and Danny Shteinberg, with the belief that the traditional approach to work, jobs and careers that has been at the heart of enterprise operations since the industrial revolution is now holding businesses and their people back. That is why Gloat built the Talent Marketplace – an AI-powered platform that dynamically connects employees with internal work and development opportunities like projects, full-time roles and mentorships that align to their skills and aspirations.
The company, which has raised $92M in total funding, intends to use the funds to accelerate product innovation and market expansion.
Announcement: Gloat Raises $57M for Talent Marketplace Platform