retrain.ai, a leading AI-driven talent intelligence platform, has been recognized by Globes as one of the 10 Most Promising Startups for 2022, as named by Israel’s top venture capital firms. The company also announced today that it has closed an additional $14 million investment round led by AI-focused Radical Ventures, bringing total funding to $34 million.
“We are incredibly honored to be recognized by Globes as a standout company among thousands of other technology companies surveyed. Our position as a startup with global impact is why we are able to attract forward-thinking investors like Radical Ventures,” said retrain.ai co-founder and CEO Dr. Shay David. “Radical’s investment will help drive immediate value, with proceeds fueling retrain.ai’s growth in international markets, where we will continue to pursue our vision of helping millions of people find their place in the workforce , by acquiring 21st century skills.”
Radical Ventures is an early-stage venture capital firm that invests in entrepreneurs using deep technology to transform massive industries. They focus their investments on people using artificial intelligence to disrupt various market segments.
“retrain.ai helps companies navigate an economy and workforce in the midst of a generational shift,” said Jordan Jacobs, managing partner of Radical Ventures, who also joins the board of retrain.ai. “By leveraging powerful AI models, retrain.ai shortens time to hire as well as employee performance and retention.”
Radical Ventures joins other retrain.ai investors including Square Peg, Hetz Ventures, TechAviv, .406 Ventures, Schusterman Family Investments and Splunk Ventures.
“AI has the potential to dramatically improve the way companies engage with their most important resource, their talent,” said Isabelle Bichler-Eliasaf, co-founder and COO of retrain.ai. “Powered by Responsible AI, our Talent Acquisition and Talent Management modules help unveil skills and abilities for job applicants and employees alike, uncovering maximum potential and new career opportunities so HR leaders can make data-driven decisions. Inclusion in the Globes Top Ten list is further recognition of the impact our technology is having on the future of work.”
