Talview, the rising leader of end-to-end AI-powered hiring and proctoring platform, has successfully raised $15M in its recent Series B funding round, a move that is expected to boost its AI platform for talent acquisition and lifecycle management.
The latest funding round was led by Silicon Valley venture firm Eileses Capital and existing Talview investors Storm Ventures, Inventus Capital, and Emergent Ventures. With its latest Series B funding round, the company also announced that Eileses Capital LLC co-founder Kishore Bopardikar will join the Talview board, with Storm Ventures partner Arun Penmetsa continuing as a member of the board.
Accelerating the Talview Vision of Revolutionizing Talent Lifecycle
With its additional funds from the recent funding round, Talview receives the industry support and validation towards its video AI platform being in a unique industry position to help companies and organizations assess their talent interactions. This practice could create opportunities for more efficient and effective talent decisions in increasingly digital work, with video at its forefront. HR.com, a social media platform dedicated to human resources professions, shared in a report that about 42 percent of organizations believe that assessing whether a candidate is fit for a position is challenging, with human resources and talent acquisition leaders looking for AI-powered talent solutions that could support them in making smarter decisions throughout the talent lifecycle.
"Our customers seek to tap into the rich talent and video data generated off and on the platform to improve decision-making through the talent process beyond the date of hire to career development, advancement, upskilling, and more," says Talvieo CEO and co-founder Sanjoe Tom Jose. He also explains that the new funding would allow them to further innovate with their video AI platform, adding major capabilities for transactions and aggregating levels. Talview users can also look forward to additional extensions to work better with mainstream platforms for remote working.
A Year of Growth and Sustained Strength
Additionally, the recent $15M round caps a strong year for Talview, growing its revenue more than twice, its customer base thrice, and even launched a remote and live proctoring solution for use in education and certification institutions. The past year also saw the AI-powered platform developer team up with SAP and its existing partnership with Microsoft - allowing it to improve its platforms further that will help organizations find better talent and learning opportunities for its stakeholders. Additionally, the AI-powered system will allow clients to create a fair environment for applicants and learners looking to succeed.
"We've been impressed with the level of collaboration and partnership we've experienced from Talview for our hiring initiatives," said Best Buy Senior D&T Product Manager, Hiring, Onboarding, and Inclusion.
Talview is a developer of end-to-end, AI-powered hiring and proctoring solution that creates a unified platform for screening, interviewing, and assessing top candidates and learners while keeping a simple, engaging experience for its users. Whether at the testing center, offices, or homes, Talview humanizes large-scale recruitment and credentialization, allowing every member of an organization to realize their potential.
Published on Tech Times.