AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding – TechCrunch
SoftBank Vision Fund 2 led the Series E round of the five-year-old startup, which is now valued at $2.1 billion, up from $1 billion in Series E last October, Eightfold AI founder and chief executive Ashutosh Garg told TechCrunch in an interview. The Mountain View-based startup provides its clients with a talent acquisition platform that helps them identify suitable candidates and import and filter thousands of resumes. One of Eightfold AI’s missions is to help companies reduce biases in their hirings. “Transforming HR and global talent further unlocks trillions of dollars’ worth of human potential. The startup also has a program for veterans in the U.S. to help them find opportunities relevant to their skills, said Garg.