SeekOut, a Redmond, Wash.-based provider of the AI-powered Talent 360 platform, raised $65m in Series B funding. The round was led by Tiger Global Management, with participation from existing investors Madrona Venture Group and Mayfield. This round brought total funding to $73m and valued SeekOut at close to half a billion dollars.
“Companies must continuously optimize their recruiting processes and strategies to compete in today’s hyper-competitive market. SeekOut provides talent acquisition professionals with a comprehensive 360-degree view of candidates based on numerous data sources and inferred properties. Our intuitive and powerful AI talent search engine with deep talent analytics and engagement capabilities empowers recruiting and sourcing experts to hire the best fit candidates fast. Our customers and partners are our inspiration, through the insights, challenges, and opportunities they provide us every day,” said Anoop Gupta, Co-founder and CEO at SeekOut.
SeekOut will continue to innovate and build the team to deliver more value to our customers. SeekOut will expand its Talent 360 platform to encompass internal and external talent – helping companies better retain employees, enable development & growth through internal mobility, and improve diversity and inclusion efforts. SeekOut will also invest in sales, marketing, and customer success to reach new customers.
Announcement: SeekOut Raises $65M for AI-powered Talent Platform