Phenom, a Philadelphia, PA-based provider of an AI-powered talent experience platform, raised $100m in Series D funding. The round was led by B Capital Group, with participation from Dragoneer Investment Group, OMERS Growth Equity and GoldenArc Capital.
“At Phenom, we’ve always been a purpose-driven company, and that will never change,” said Mahe Bayireddi, CEO and co-founder of Phenom. “Since the beginning, we have rooted our platform in intelligence versus simply adding AI as a single tool or feature. This makes our AI dramatically different, and helps us cultivate a healthy talent ecosystem. Jobs are the foundation of thriving societies around the world. They provide livelihoods and help people reach their full potential. As organizations respond to a seismic shift in how they approach and manage talent, Phenom is scaling with conviction, so everyone has the resources to succeed in times of both volatility and stability.”
The company intends to use the funds to continue to innovate its Talent Experience Management (TXM) platform.
Announcement: Phenom Raises $100M for Talent Experience Platform