Beamery secures £40.7m Series D investment led by Teachers' Ventures Growth to scale its talent platform.
Teachers' Ventures Growth led the financing round, which pushes the talent platform to a valuation of over $1bn.
Beamery provides an artificial intelligence powered talent lifecycle management platform that helps large enterprises plan workforce needs, reduce hiring bias, and manage talent mobility. The company works with global brands such as General Motors and Johnson and Johnson to improve employee retention and diversity hiring.
London based talent management platform Beamery has secured £40.7m in a Series D funding round led by Teachers' Ventures Growth. The investment values the company at over $1bn, representing a twenty five per cent valuation uplift compared to its previous round. Beamery has experienced significant growth among Fortune 500 clients amid broader economic uncertainty, driven by demand for agile workforce solutions and ethical recruitment technology. The fresh capital will be directed towards continued product development and innovation in workforce intelligence platforms.
From the founder
"Beamery’s ethical AI-powered talent platform gives companies the intelligence they need to plan for business needs and gaps, understand the skills and capabilities they have, and attract, retain, up-skill and redeploy their workforce successfully. With this new funding, we will continue to develop ground-breaking ways for companies to better understand their workforce today and be able to plan for tomorrow, so they can create truly agile organizations ready to withstand any market turbulence."
Abakar Saidov
CEO at Beamery
Investor perspective
"Beamery uses cutting edge technology to help people leaders get a deeper understanding of the existing and required skillsets in their organization to effectively recruit, reskill, redeploy and motivate talent"
Avid Larizadeh Duggan
Senior Managing Director, Teachers' Ventures Growth
Use of funds
- 01Continue product development
