Tech Company Financing Transactions
Retain.ai Funding Round
Retain.ai, based in New York, raised $14 million in funding from Radical Ventures, .406 Ventures and Hetz Ventures.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
Radical Ventures (Lead Investor) (Shay David)
Proceeds Purpose
Radical's investment will help accelerate immediate value, with proceeds fueling retrain.ai's growth into international markets where we will continue to pursue our vision of helping millions of people find their place in the job market by gaining 21st century skills.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
31 Hudson Yards 11th Fl
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
The nature of work is changing in profound ways. Automation, emerging technologies and a post-pandemic "new normal" have fast-tracked a widening skills gap. Employers risk being unable to fill new positions and great employees risk being left behind. Employers need accurate, real-time skills intelligence to prepare today's workforce for the jobs of tomorrow. We solve this problem with the world's leading AI platform for knowledge, skills and qualifications assessment, jobs and workforce retraining. By leveraging the power of responsible artificial intelligence technology, we help employers manage talent more effectively while increasing productivity, reducing costs and improving the employee experience.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 12/14/2022: Pragmatic Semiconductor venture capital transaction
Next: 12/14/2022: SmartHelio venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs