Eightfold

Santa Clara, United States Founded: 2016 • Age: 10 yrs
An AI platform is provided for talent acquisition and management.
Annual revenue $7.0M Latest available
Total funding $396.7M 5 rounds
Employees 218 Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Eightfold

Eightfold is a company based in Santa Clara (United States) founded in 2016 by Varun Kacholia and Ashutosh Garg. Eightfold has raised $396.7 million across 5 funding rounds from investors including Lightspeed Venture Partners, SoftBank Vision Fund and Foundation Capital. The company has 218 employees as of March 30, 2024. Eightfold offers products and services including Talent Intelligence Platform, Talent Acquisition, Talent Management, Workforce Exchange, and Resource Management. Eightfold operates in a competitive market with competitors including Phenom, SmartRecruiters, iCIMS, HireVue and Greenhouse, among others.

  • Headquarter Santa Clara, United States
  • Employees 218 as on 30 Mar, 2024
  • Founders Varun Kacholia, Ashutosh Garg
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Eightfold Ai India Private Limited
  • Date of Incorporation 18 Jul, 2019
  • Jurisdiction Noida, Uttar Pradesh, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.95 M (USD)
    84.03
    as on Mar 31, 2022
  • Net Profit
    $755.41 K (USD)
    88.28
    as on Mar 31, 2022
  • EBITDA
    $1.18 M (USD)
    61.18
    as on Mar 31, 2022
  • Total Equity Funding
    $396.7 M (USD)

    in 5 rounds

  • Latest Funding Round
    $220 M (USD), Series E

    Jun 10, 2021

  • Investors
  • Employee Count
    218

    as on Mar 30, 2024

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Products & Services of Eightfold

Eightfold offers a comprehensive portfolio of products and services, including Talent Intelligence Platform, Talent Acquisition, Talent Management, Workforce Exchange, and Resource Management.

Product name locked
Category locked
Primary

AI tool for analyzing and managing talent data effectively

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System for sourcing and hiring candidates efficiently

Product name locked
Category locked
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Platform for employee development and retention strategies

Product name locked
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Service for connecting job seekers and employers quickly

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Tool for assigning staff based on skills and availability

People of Eightfold

Headcount 200-500
Employee Profiles 237
Board Members and Advisors 21
Employee Profiles
People
Kelly Rasmussen
Director, Engagement Management
People
Ashutosh Garg
CEO
People
Varun Kacholia
Co-founder And CTO
People
Katie Mavromatis
Strategic Account Executive

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Board Members and Advisors
people
Ismat Aziz
Advisor
people
Craig Leen
Advisor
people
Brett Tejpaul
Advisor
people
John Renfro
Advisor

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Funding Insights of Eightfold

Eightfold has successfully raised a total of $396.7M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $220 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Eightfold

Eightfold has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, SoftBank Vision Fund and Foundation Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Investor details for Eightfold

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Investments & Acquisitions by Eightfold

Investments
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Investment portfolio details for Eightfold

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Financial Statements - Eightfold

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Detailed financials for Eightfold

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Eightfold Comparisons

Eightfold Primary company
Description
An AI platform is provided for talent acquisition and manage...
Location
Santa Clara, United States
Founded Year
2016
Annual Revenue
$6.95 M (USD)
Net Profit
$755.41 K (USD)
EBITDA
$1.18 M (USD)
Employees
218
As of 2024
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Peer comparison for Eightfold

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Competitors of Eightfold

Eightfold operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Phenom, SmartRecruiters, iCIMS, HireVue and Greenhouse, among others.

Company Name Domain Founded year HQ Location Description
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Talent experience management platforms are provided for engagement and recruitment.
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Cloud-based ATS and hiring platform services are provided.
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Talent acquisition software is provided by iCIMS since 2000.
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A video interview platform is operated by HireVue since 2004.
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Cloud-based applicant tracking solutions are offered for candidate hiring.
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Detailed competitors of Eightfold

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Latest news on Eightfold

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Complete news archive for Eightfold

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Eightfold

Eightfold was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Eightfold is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Ashutosh Garg is the current CEO of Eightfold. They have also founded this company.

Eightfold is a funded company, having raised a total of $396.7M across 5 funding rounds to date.

As of Mar 30, 2024, the latest employee count at Eightfold is 218.

Annual revenue of Eightfold is $6.95M as on Mar 31, 2022.

Founded in 2016 and based in Santa Clara, United States, Eightfold operates in the AI-driven human resources sector. An integrated platform is offered to address workforce needs in enterprise and public sectors. Capabilities include talent intelligence, acquisition, management, resource allocation, and workforce exchange. Data analysis is utilized to generate insights, screen candidates, identify potential talent, and customize career development paths.

Eightfold's top competitors include Phenom, Greenhouse and iCIMS.

Eightfold offers Talent Intelligence Platform, Talent Acquisition, Talent Management, Workforce Exchange, and Resource Management.

Eightfold has 6 investors. Key investors include Lightspeed Venture Partners, SoftBank Vision Fund, Foundation Capital, General Catalyst, and IVP.

The valuation of Eightfold is $2.1B as of Jun 2021.

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