retrain.ai is a New York-based provider of an AI-driven Talent Intelligence Platform that helps enterprises hire, retain, and develop their workforce. Led by CEO Dr. Shay David and COO Isabelle Bichler-Eliasaf, the platform leverages Responsible AI and a large skills architecture to deliver talent insights. It offers Talent Acquisition and Talent Management modules as a data-driven solution for enterprises to optimize their workforce. The company raised an additional $14M in funding, bringing total funding to $34M. retrain.ai intends to use the funds to accelerate growth and expand operations. In conjunction with the funding, Jordan Jacobs of Radical Ventures joined the retrain.ai board. Retrain.ai bills itself as a “Talent Intelligence Platform” that uses AI and machine learning to help governments and organizations retrain and upskill talent for jobs of the future. It also supports diversity initiatives and helps employees and jobseekers manage their careers. The platform analyzes millions of data sources to understand the demand and supply of skill sets. The company has raised a total of $20 million after closing an additional $7 million in new funding. The new capital will be used for U.S. expansion, hiring talent and product development. Dr. Shay David, co-founder and CEO, said Splunk Ventures joining the round will help the company use data to address the widening skills gap. Retrain.ai builds a platform that reads job boards at scale to identify which jobs are increasing or declining in popularity and to surface early warning signals about new job categories. The product is positioned to help large organizations and governments form labor and workforce policy by revealing shifting demand in the job market. The company secured a first deal with the Israeli Department of Labor to analyze how the pandemic is changing the Israeli job market. Retrain.ai says its insights can help address unemployment and underemployment and aims to help 10 million workers find the right jobs by 2025. Leadership includes CEO Dr. Shay David, COO Isabelle Bichler-Eliasaf and CTO Avi Simon. Financially, the company has raised $13 million to date, including a $9 million Series A and a prior $4 million seed.

Total raised

$30M

Funding rounds

3

Latest round

Equity

Latest activity

Dec 2022