Seekout announced a $65 million Series B round of venture capital for its AI-powered talent search and engagement platform. This brings its total raised to $73 million. In its announcement, Seekout also reported 10x growth in the 21 months following its A round and a new valuation of “close to half a billion dollars.”
CEO Anoop Gupta joined WorkTech’s George LaRocque in the video interview below to discuss the deal and what it means for Seekout customers, employees, and the market. George and Anoop discuss:
- Seekout’s capabilities and recent success helping companies with diversity recruiting.
- Their current direction to help employers with internal talent mobility.
- Seekout’s candidate and employee focus.
WorkTech’s perspective: Seekout offers a thorough talent search and engagement product with an impressive capability to infer the diversity, expertise, and interests of any talent pool by leveraging its AI. They’ve experienced impressive growth during a challenging market based on their ability to target and engage talent, which has proven challenging for employers to deliver results consistently. While this investment will fuel marketing, sales, and incremental product growth, we expect Seekout to extend beyond sourcing and matching and aspire to be more of a platform, leveraging its AI across the entire talent spectrum.George LaRocque, WorkTech Founder
In the interview, Gupta consistently comes back to people-centric philosophies for leadership and the HR technology market. This will serve Seekout if they remain true to the most important constituencies: candidates and employees as they push for more growth.
$5 billion was invested in HR technology globally in 2020. Get WorkTech’s full report and analysis for free, here.