Beamery Raises $50 Million in Series D  

by Kay Aloha Villamor in December 13th, 2022

Beamery, a London, UK-based talent lifecycle management platform, announced that it closed a $50 million Series D funding that values the company at $1 billion, bringing the company’s total raised to date to $228 million.

The round was led by Teachers' Ventures Growth (TVG), part of the C$242 billion Ontario Teachers' Pension Plan.

"For nearly a decade, we have been hyper-focused on building technology that enables our clients to unlock the full potential of the global workforce," said Abakar Saidov, CEO of Beamery. "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, upskill, and redeploy their workforce successfully. With this new funding, we will continue to develop groundbreaking 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."

Beamery's Talent Lifecycle Management platform empowers companies to understand the skills and capabilities they have, build more agile workforce plans, and attract, retain, upskill and redeploy their workforce. 

The company has added global brands like BBC and Uber to its roster of enterprise clients and has helped companies make critical progress on key talent initiatives.

Company: Beamery Inc

Raised: $50.0M

Round: Series D

Funding Month: December 2022

Lead Investors: Teachers' Ventures Growth (TVG)

Additional Investors: 

Company Website: https://beamery.com/

Software Category: Recruiting Software

About the Company: Founded in 2013 by Abakar Saidov, Michael Paterson, and Sultan Murad Saidov, Beamery is an AI-powered platform that powers faster recruiting, successful internal mobility, smarter upskilling, and agile workforce planning. Beamery’s Talent Lifecycle Management platform brings together data on candidates, employees, and alumni that can attract, hire, retain, develop and redeploy the skills need to build the workforce of the future. The company's platform assists businesses to make smart hiring decisions by deploying large-scale data mining, a complete view of each candidate relationship, and machine learning algorithms that enable businesses to determine which prospects are most interested in order to better nurture top candidates.



Source: https://www.newswire.ca/news-releases/beamery-raises-50-million-in-series-d-funding-to-help-businesses-make-more-agile-and-effective-decisions-on-talent-848523233.html



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