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Skyhive Raises $40M Series B To Reskill Workforces And Advance The Digital Labor Economy

PRIVATEOct 20, 2021

Amount Raised

$40 Million

Round Type

Series B

Palo AltoInformation TechnologySoftwareData And Analytics

Description

SkyHive (the “Company”), the SaaS platform providing workforce transformation and labor market development guidance, today announced a $40 million Series B investment round led by Eldridge, with participation from other investors Allegis Cyber, Accenture Ventures, Workday Ventures, and the Partnership Fund For New York City.

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Company Information

Company

SkyHive

Location

Palo Alto, California, United States

About

SkyHive Technologies Holdings Inc. provides workforce skills intelligence capabilities with an AI-powered skills intelligence platform and services to help customers build skills-based organizations. The company's platform offers predictive labor market intelligence, automated job architecture management, rapid skill proficiency detection, and other services to help organizations build agile workforces.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

SkyHive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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