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Eightfold AI

Category: AI in HR & Talent

A deep-learning AI platform for total talent management, designed to help organizations hire, retain, and develop a diverse and skilled workforce. Eightfold AI was founded in 2016. The company is led by Ashutosh Garg & Chano Fernandez (Co-CEOs). Based in Santa Clara, California, USA. Team size: 1,001 - 5,000 employees. Total funding raised: $410M. Latest round: Series E ($220M). Key investors include SoftBank Vision Fund 2, General Catalyst, IVP, Foundation Capital, Lightspeed Venture Partners, Capital One Ventures.

Founded
2016
Headquarters
Santa Clara, California, USA
Team size
1,001 - 5,000 employees
Total funding
$410M

Value proposition

Utilizes deep learning AI on a massive global dataset to match people with opportunities at scale, creating a competitive advantage by improving hiring efficiency, diversity, internal mobility, and skills-based workforce planning.

Products and solutions

Talent Acquisition, Talent Management & Internal Mobility, Talent Flex (Contingent Workforce Management), Workforce Exchange, Diversity, Equity & Inclusion Solutions, Government & Public Sector Solutions

Unique value

Leverages a proprietary Talent Intelligence Platform built on one of the world's largest talent datasets (over one billion profiles and a trillion data points). Its use of deep learning for skills inference and potential prediction allows organizations to understand workforce capabilities at scale.

Target customer

Large enterprises (including Fortune 500 companies) and government organizations seeking to unify their talent strategy and optimize hiring, retention, and workforce management with AI.

Industries served

Technology, Financial Services, Healthcare & Life Sciences, Retail & Consumer Goods, Government & Public Sector, Manufacturing, Telecommunications

Technology advantage

The platform analyzes billions of data points to infer 'adjacent skills' and potential, providing deeper insights than traditional systems that rely on keyword matching. This enables more accurate talent matching, improved diversity, and predictive workforce planning.

How they differentiate

Differentiates through a deep focus on 'skills intelligence' from its massive global dataset and advanced ML models, rather than just workflow automation. Its platform is one of the few that serves both large-scale commercial enterprise and public sector clients, including federal governments.

Main competitors

Gloat, Beamery, HireVue, Phenom, SeekOut

Key partnerships

U.S. Department of Labor, Workday, SAP SuccessFactors, Deloitte Digital, McKinsey & Company, Booz Allen Hamilton

Notable customers

U.S. Army, Micron Technology, NVIDIA, Morgan Stanley, Tata Communications, AirAsia, Chevron

Major milestones

Achieved a $2.1 billion valuation in 2021 (unicorn status)., Achieved FedRAMP® Moderate Authorization, enabling expansion within the U.S. Federal Government., Named a Leader in The Forrester Wave™ for Talent Intelligence Platforms., Appointed former Workday Co-CEO Chano Fernandez as Co-CEO in 2024., Consistently recognized in Forbes’ “AI 50” list.

Growth metrics

Serves over 400 enterprises and government agencies globally, including a significant portion of the Fortune 500. The platform is used in 155 countries and supports over 20 languages.

Market positioning

A leader in the enterprise-grade Talent Intelligence market, targeting Fortune 500 companies and large government agencies that require sophisticated, scalable, and compliant AI for workforce management.

Geographic focus

Global, with strong presence in North America and Europe, and expanding operations in Asia-Pacific (APAC), and Latin America.

Patents and IP

Holds numerous patents for its AI and machine learning technologies related to skill inference, talent matching, and career pathing algorithms.

About Ashutosh Garg & Chano Fernandez (Co-CEOs)

Ashutosh Garg is the Co-Founder and Co-CEO of Eightfold AI. He has a background in machine learning and has worked at Google and IBM Research. He also co-founded Bloomreach. Chano Fernandez joined as Co-CEO in 2024 and was previously Co-CEO at Workday.

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