Tech Company Financing Transactions
retrain.ai Funding Round
Radical Ventures, .406 Ventures and Hetz Ventures participated in a $14 million capital raise for retrain.ai. The financing round was announced on 12/15/2022.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
Radical Ventures (Lead Investor) (Jordan Jacobs)
Proceeds Purpose
The company intends to use the funds to accelerate growth and expand operationa.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shay David
Chief Operating Officer
Isabelle Bichler
Chief Technical Officer
Avi Simon
VP - Marketing
Amy DeCicco
VP - R & D
Itamar Yoniso
VP - Sales
Lior Levi
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Prev: 12/15/2022: BrightSpec venture capital transaction
Next: 12/15/2022: Enpal venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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