In the modern workplace, diversity and inclusion are more important than ever, but finding the best and most diverse can be a serious challenge for many companies. Founded in 2017, SeekOut is a startup providing an AI-powered platform designed to solve the diversity-in-hiring problem. Now, amid exponential growth, the company has raised $115 million in a Series C round of fundraising that values the company at $1.2 billion, making it the latest “unicorn” on the HR software block. The company has more than doubled its customer base since the beginning of 2021, now serving six of the top-10 U.S. companies by market cap, making it one of the most popular in talent intelligence software.
Not only is SeekOut being utilized to recruit new diverse talent, but it’s also become a valuable tool for maintaining a varied and skilled workforce. Over its short existence, the company has built a database with hundreds of millions of profiles using its AI-powered talent search engine and deep interactive analytics, employing rich data to create a total 360-degree profile of potential employees. With a red-hot jobs market and a mass resignation of frustrated U.S. workers underway, SeekOut hopes its AI-enabled platform continues adding fuel to the fire.