Phenom People Raises $30M in Series C Funding
Phenom People, a Philadelphia, PA-based Talent Experience Management (TXM) company, raised $30m in Series C funding. The round, which brought total funding raised to date to $61m, was led by WestBridge Capital, with participation from AllianceBernstein Private Credit Investors’ Growth Stage Capital Group and existing investors AXA Venture Partners, Sierra Ventures, Omidyar Technology Ventures, Sigma Prime Ventures and Karlani Capital.
“Global organizations are shifting their spend from legacy singular HR tools to data-driven, intelligent talent experience platforms,” said Mahe Bayireddi, CEO and co-founder at Phenom People. “CHROs can make an investment in a modern approach—connecting every interaction across the talent lifecycle for candidates, recruiters, employees and management.”
To support the global demand for AI-driven talent experiences, Phenom People will use the investments for continued company growth and scale.