AI-powered hiring and proctoring solution provider, Talview announced it closed $15M in Series B funding to revolutionize talent lifecycle. With this funding, Talview plans to further innovate its video AI platform by adding major capabilities at transaction and aggregate levels and also build extensions for many of the mainstream remote-work platforms to help its customers gain profound insights into talent, and make informed, data-driven, and unbiased talent decisions.
The funding round was led by Silicon Valley investor Eileses Capital with participation from existing investors Storm Ventures, Inventus Capital and Emergent Ventures. Kishore Bopardikar, Co-founder at Eileses Capital LLC, will join the Talview board, while Arun Penmetsa, Partner at Storm Ventures also continues on the board.
“Our customers seek to tap into the rich talent and video data generated off and on the platform to improve decision-making through the talent process beyond the date of hire to career development, advancement, upskilling, and more,” explained Sanjoe Tom Jose, CEO, and Co-founder of Talview.
Speaking on the funding round and the market potential Kishore Bopardikar said, “The talent lifecycle is increasingly complex and digitized, and we see Talview well positioned to leverage their innovative AI-powered video platform to address the challenges of remote hiring and exam-taking with automation and data intelligence. Their customer growth globally and product innovation is a testament to their leading platform and strong leadership. We are excited to continue our partnership with Talview to turbocharge their growth.”
In the last few months, Talview has witnessed immense growth, where it tripled its customer base, grew revenue more than twice and launched a remote and live proctoring solution for education and certification institutions. It also entered into key partnerships with SAP and expanded scope of its already strong partnership with Microsoft.
HR and Talent Acquisition (TA) leaders are increasingly seeking AI-powered talent solutions to support smarter decisions through the talent lifecycle, creating a great opportunity for Talview. To keep up with the demand Talview will continue to accelerate and expand their business with enterprise corporations, educational institutions, and certification organizations on a global scale. The company will expand go-to-market efforts across the US, EMEA, and APAC to better support existing and new customers, including Accenture, Allianz, Best Buy, Cognizant, Enel Group, City & Guilds, Cambridge Assessments, and the British Council.