Announced
Completed
Financials
Sources
Tags
online platform
Single Bidder
hr technology
Minority
Private Equity
Domestic
Friendly
Venture Capital
Private
Online and Social Platforms
Completed
United States
Acquisition
Synopsis
B Capital Group, a multi-stage global investment firm, led a $100m series D funding round in Phenom, a global HR technology company, with participation from Dragoneer Investment Group, OMERS Growth Equity and GoldenArc Capital. “At Phenom, we’ve always been a purpose-driven company, and that will never change. Since the beginning, we have rooted our platform in intelligence versus simply adding AI as a single tool or feature. This makes our AI dramatically different, and helps us cultivate a healthy talent ecosystem. Jobs are the foundation of thriving societies around the world. They provide livelihoods and help people reach their full potential. As organizations respond to a seismic shift in how they approach and manage talent, Phenom is scaling with conviction, so everyone has the resources to succeed in times of both volatility and stability,” Mahe Bayireddi, Phenom CEO and co-founder.
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