SkyHive provides cloud-based workforce intelligence applications and extensible platforms that normalize skills data across HCM ecosystems, using a skills-first approach. Its offerings include a Skills Passport for individuals and Quantum Labor Analysis™, which has been recognized by the World Economic Forum, Gartner, and Forbes. The company combines real-time, global labor market data with transparent, unbiased AI to surface skills gaps, benchmarks, and reskilling options for employers and learners. SkyHive is a Certified B Corporation and cites partnerships with the World Economic Forum, Workday, and Accenture. The announcement notes European incorporation and says the investment will support SkyHive’s growing global operations and continued expansion in the European market. The company is headquartered in Palo Alto, Calif. SkyHive offers a SaaS platform that uses its proprietary Quantum Labor Analysis (QLA) methodology and AI to provide real-time workforce and external labor market insights. QLA combines economic theory, workforce modelling, human analytics, and data science and is active in 90 countries and 400,000 unique locations worldwide. The platform identifies emerging high-value skillsets and helps organizations reskill employees as they transition from job-based to skills-based models. SkyHive serves large companies and governments and is vertically agnostic across labor markets. The company is a Certified B Corporation and has been recognized by the World Economic Forum as a 2021 Technology Pioneer. New capital will support global expansion of client services and partnerships, augment research and development, and grow sales and marketing teams. SkyHive has raised more than $60 million to date. SkyHive is an AI-based SaaS platform that reskills enterprise workforces and communities by automatically translating employee work profiles into skills and mapping them to job skills. Its AI engine identifies optimized career pathways through learning solutions using millions of real-time data points. The platform is designed to work across every kind of workforce, from front-line workers to corporate teams, and with groups ranging from global businesses to indigenous communities. SkyHive's technology aims to help organizations maximize workforce capability, increase employee retention, and achieve diversity and inclusion objectives. Led by Founder and CEO Sean Hinton, the company plans to use recent funding to continue expanding operations and its business reach.

Total raised

$48M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2021