Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Home

Marketplace
Database
News
Store
Resources
Contact Us

 

 

News


VENTURE CAPITAL DIRECTORY | PRIVATE EQUITY DIRECTORY

List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory

2021 EDITION SPECIAL OFFER
Buy Now for only $119.95 plus a FREE 2022 update in January 2022

Learn More or Buy Now

VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide. The most reliable, up-to-date and affordable venture capital directory of its kind. VCPro Database is available in both Windows and macOS versions. It has been published since 1998. (Updated JULY 2021)

Learn More or Buy Now




retrain.ai Completes $20M in Funding

AI-Powered Talent Intelligence Platform Adds Splunk Ventures as Strategic Investor

NEW YORK, August 16, 2021-- retrain.ai, the Talent Intelligence Platform, today announced it has closed an additional $7 million from current investors and adds Splunk Ventures as a strategic investor in its oversubscribed funding round. retrain.ai uses AI and machine learning to help governments and organizations retrain and upskill talent for jobs of the future, better enable diversity initiatives, and empower employees and jobseekers to take control of their career paths. The new capital expands the company's total funding to $20 million.

The World Economic Forum estimates automation will displace 85 million jobs while simultaneously creating 97 million new jobs by 2025. retrain.ai's goal is to help millions of workers get the right job while helping organizations navigate through this wave of change.

"We are thrilled to have Splunk Ventures join us on this exciting journey as we use the power of data to solve the widening skills gap in the global labor markets," said Dr. Shay David, Co-Founder and CEO of retrain.ai. "Splunk's dedication to using data to drive positive change aligns with our mission to upskill talent for the workforce of the future, making this the perfect collaboration."

Splunk Ventures joins other investors including Square Peg, Hetz Ventures, TechAviv, .406 Ventures and Schusterman Family Investments. Splunk Ventures' social impact fund is supported by Splunk, the provider of the Data-To-Everything Platform, and is dedicated to expanding and enhancing data's business value while having a positive impact on society.

retrain.ai's funds will be used for U.S. expansion, hiring of key talent and product development. Customer adoption has compelled the company to accelerate its plans as changing skill requirements and major labor market disruptions are forcing organizations to rethink future workforce strategies. retrain.ai's Talent Intelligence Platform tackles this problem by analyzing millions of data sources to understand the demand and supply of skill sets. The platform quantifies talent gaps and recommends internal mobility, transition plans and personalized training pathways to invest further in an organization's existing workforce.

For more information about retrain.ai's Talent Intelligence Platform, please visit https://www.retrain.ai/our-solutions/.

About retrain.ai:

Founded in 2020, retrain.ai is a Talent Intelligence Platform that uses AI and Machine Learning to help organizations find and retain the best, most diverse talent, recommend employees' career pathways and bridge their skill gaps. retrain.ai is based in New York City.

Contact:
Media Contact:
Loren Pomerantz
917-902-0219
loren@combined-forces.com


News Index

Venture Capital Database 

 

 NEWS

Latest VC News
VC News Archive
News Search
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Business Plan Tools

Free Business Plan Template

 

Copyright 1998-2021 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer