SkyHive, an enterprise workforce reskilling platform, raised $8 million in Series A funding.
The round was led by AllegisCyber Capital, Accenture, Workday Ventures, and the Partnership Fund for New York City.
With its AI-based engine, the SkyHive platform reads an employee’s work profile to translate it into skills. It then finds the correlation between these skills and the skills extracted from jobs to identify optimized career pathways through learning solutions – all done automatically using millions of real-time data points. This empowers organizations to maximize their workforce capability, increase employee retention, and achieve diversity and inclusion objectives.
“Prior to COVID, the changing nature of how the world works was a slow drip… this has now become a firehose, as companies and communities across the world race to define the new normal,” said SkyHive Founder and CEO Sean Hinton.
“With our Series A and the amazing partners joining us on this journey, we are honored to be recognized as a world leader in understanding these changes and applying SkyHive’s technology to solving these large-scale challenges. We are looking forward to accelerating our pace of growth to continue to support companies and communities across the world during these unprecedented times.”
Image by Malachi Witt from Pixabay