Founded in 2016 by Ashutosh Garg and Varun Kacholia, both of whom have deep roots in AI and machine learning from their tenures at Google and Facebook, Eightfold's platform uses artificial intelligence to help companies attract, recruit, retain, and grow their workforce more effectively and efficiently. Products and ServicesEightfold offers a suite of products aimed at solving various workforce challenges:

• Talent Acquisition: Uses AI to match candidates to roles they are most fit for, reducing hiring times and improving the quality of hires.
• Talent Management: Helps identify current employees' potential, facilitating internal mobility and career growth.
• Talent Flex: A solution focused on managing contingent workforces, ensuring that organizations can efficiently engage and manage non-permanent staff.
• Diversity & Inclusion: Promotes unbiased hiring and helps companies achieve their diversity goals through AI-driven insights and recommendations.

Customers and Use CasesEightfold.ai's clients span a range of industries, including technology, finance, healthcare, and manufacturing. Notable clients include AirAsia, Capital One, and Bayer. These companies leverage Eightfold's platform for various use cases:

• Streamlining the recruitment process by quickly identifying the best candidates from large applicant pools.
• Identifying skill gaps within current workforces and recommending internal candidates for new opportunities, promoting a culture of growth and internal mobility.
• Enhancing diversity hiring efforts by removing biases from the recruitment process and focusing on candidates' skills and potential.
• Managing contingent or contract workers more effectively, ensuring that companies can adapt to fluctuating workloads without compromising on talent quality.

FeaturesEightfold's platform is known for its deep learning AI that understands career paths, roles, capabilities, and skills. It offers:

• A comprehensive Talent Intelligence Platform, integrating various HR processes.
• Predictive analytics and matching technology to forecast role success and suggest career moves.
• A scalable solution adaptable to businesses of various sizes and sectors.
• Advanced analytics on diversity and talent pool composition.

Clients and InvestorsBeyond the clients mentioned above, Eightfold has attracted investment from leading venture capital firms, signaling strong market confidence in its vision and technology. Investors include Lightspeed Venture Partners, Foundation Capital, and General Catalyst, among others. Financial Metrics and Notable Corporate Milestones

• In October 2020, Eightfold completed a Series D funding round, raising $125 million and bringing its valuation to $1 billion.

For more detailed information about Eightfold.ai and to stay updated with their latest developments, visit https://eightfold.ai.