Workera, a Palo Alto, CA-based company that provides a skills intelligence platform, announced that it has closed a $23.5 million in Series B financing.
The round was led by Jump Capital, with participation from existing investors NEA, Owl Ventures, AI Fund, and new investor Sozo Ventures.
With this latest capital infusion, Workera will increase its comprehensive ontology of over 7,000 skills to include soft skills assessments, such as leadership and management.
"Technology is advancing faster than ever. New tools, like ChatGPT, shake up industries every year. But skills aren't keeping up. Companies capable of upskilling talent at market speed will reinvent themselves and build the future. Others will risk being disrupted," said Kian Katanforoosh, CEO of Workera. "Companies often overlook a key component of increasing the speed at which they develop skills: understanding the depth of skill sets within their talent pool. Machine learning isn't one skill; it's actually tested as 102 distinct skills today on Workera."
Workera enables companies to better understand and develop their talent. By providing a deep understanding of an organization's skills, Workera's skills intelligence platform empowers leaders to make better, more informed talent development decisions.
Utilizing computational psychometrics and deep learning, Workera delivers best-in-class computer adaptive assessments with hyper-personalized learning plans to companies across all industries.
Global organizations, including Samsung, Siemens Energy, and the US Air Force, use the platform to intelligently invest in and support their talent.
Company: Workera Corp.
Raised: $23.5M
Round: Series B
Funding Month: March 2023
Lead Investors: Jump Capital
Additional Investors: NEA, Owl Ventures, AI Fund, and new investor Sozo Ventures
Company Website: https://workera.ai/
Software Category: AI-powered skills intelligence platform
About the Company: Founded in 2020 by Kian Katanforoosh and James Lee, Workera is a skills intelligence platform redefining how enterprises understand, develop, and mobilize talent. The platform empowers organizations with actionable skills data that drives innovation across talent strategies in hiring, upskilling, and mobility. Enterprises get an objective pulse on their workforce through our configurable skills ontology and AI-powered measurement at a granular level.
Source: https://www.prnewswire.com/news-releases/workera-closes-23-5m-series-b-financing-establishing-itself-as-a-leader-in-skills-intelligence-301779164.html