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Seekout Raises $115 Million In Series C Funding, Bringing Valuation To $1.2 Billion In Four Years

Jan 12, 2022over 3 years ago

Amount Raised

$115 Million

Round Type

series c

Seattle

Description

SeekOut, the AI-powered Talent 360 platform, today announced that it has raised a $115 million Series C investment round led by Tiger Global Management. The round values SeekOut at more than $1.2 billion in just four years, reflecting a 2.6x increase in valuation since its Series B in March 2021. The news comes on the heels of the business increasing ARR by more than 3x in the past year. It includes additional participation from Founders Circle Capital, and other major existing investors including Madrona Venture Group and Mayfield.

Company Information

Company

Seek Out

Location

Seattle, Washington, United States

About

SeekOut is an AI-powered Talent 360 platform for enterprise talent optimization that enables companies to quickly hire, grow, and retain talent while focusing on diversity, technical expertise, and other hard-to-find skillsets. In 2021, SeekOut was crowned GeekWire Startup of the year, ranked number two in the B2B category of The Information’s 50 Startups to Watch list, and was included on Madrona’s Intelligent Apps Top 40 list. Founded in 2017, SeekOut has raised $189 million in funding, is backed by Tiger Global Management, Madrona Venture Group, Mayfield, and Founders Circle Capital and is valued at $1.2 billion. For more information, visit www.seekout.com.

Funding Insights

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