SeekOut Raises $115 Million in Series C  

by Kay Aloha Villamor in January 13th, 2022

SeekOut, a Seattle, WA-based AI-powered Talent 360 platform, raised $115 million in Series C funding round led by Tiger Global Management along with additional participation from Founders Circle Capital, Madrona Venture Group, and Mayfield.

The round values SeekOut at more than $1.2 billion in just four years, reflecting a 2.6x increase in valuation since its Series B in March 2021.

Seekout will use the funds to continue investing heavily in its market-leading talent acquisition platform, and will also speed the delivery of its vision for Enterprise Talent OptimizationSM, with innovative solutions in employee retention, internal mobility, and career development, by working closely with customers.

Company: Zipstorm, Inc.

Raised: $115.0M

Round: Series C

Funding Month: January 2022

Lead Investors: Tiger Global Management

Additional Investors: Founders Circle Capital, Madrona Venture Group, and Mayfield

Company Website: https://seekout.com/

Software Category: AI-powered Talent 360 platform

About the Company: Founded in 2017, SeekOut is an AI-powered Talent 360 platform for enterprise talent optimization that enables companies to quickly hire, grow, and retain talent while focusing on diversity, technical expertise, and other hard-to-find skillsets. SeekOut has increased ARR by more than 3x and doubled our customer base to more than 1,000, including 6 of the 10 most valuable U.S. companies. G2 has recognized the company as the number one Talent Intelligence Software and as the leader for Enterprise Diversity Recruiting software. In 2021, SeekOut was awarded GeekWire Startup of the year and ranked number two in the B2B category of The Information’s 50 Startups to Watch list. 

Source: https://www.businesswire.com/news/home/20220112005166/en/SeekOut-Raises-115-Million-in-Series-C-Funding-Bringing-Valuation-to-1.2-Billion-in-Four-Years https://blog.seekout.com/seekout/series-c/

 

 


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