Beamery raises US$138m in Series C funding

Beamery, a talent operating system, has announced US$138m in Series C funding led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). TIP focuses on late-stage venture and growth equity investments in companies that use technology to disrupt incumbents and create new sectors.

Accenture Ventures also participated alongside existing investors EQT Ventures, Index Ventures, M12 and Workday Ventures.

Abakar Saidov, Co-Founder and CEO at Beamery said, “Changes to the way we work, shifting expectations of candidates, and the sheer pace of recruiting demands, have led organizations to rethink how they approach recruitment and retention. Enterprise talent teams are driving significant global transformation as they build towards this new future of work, and this investment will enable us to scale globally with growing demand and build the new category in enterprise technology.”

Olivia Steedman, Senior Managing Director, Teachers’ Innovation Platform (TIP) said, “Beamery’s best-in-class approach is already transforming how leading global companies recruit and retain talent. As companies accelerate their focus on developing their people and building more agile workforces, Beamery’s cutting-edge solutions and clear vision for transforming talent can provide a competitive edge. We’re excited to partner with them on this journey.”

Christie Smith, Global lead for Talent & Organization / Human Potential at Accenture added, “As a result of our successful working relationship with Beamery, as well as the company’s continued growth, we are excited to evolve our relationship further. Beamery is an innovator in this market and we believe they can help our clients transform talent recruitment, hiring and retention.”

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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