Eightfold’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Eightfold Ai India Private Limited | CIN: U72900UP2019FTC119260
Eightfold.ai, co-founded by Ashutosh Garg and Varun Kacholia, is a leading talent intelligence and AI-driven recruitment platform that is transforming how enterprises manage their workforce. Headquartered in California and founded in 2016, Eightfold.ai uses deep learning and artificial intelligence to help companies hire, retain, and develop talent more effectively. The platform leverages large-scale data analysis to match candidates to roles based on skills, potential, and experience rather than traditional keywords, enabling organizations to discover hidden talent and improve diversity. Eightfold.ai supports a variety of use cases including talent acquisition, diversity hiring, internal mobility, and career planning, providing enterprises with a unified and intelligent view of their global talent pool. With its strong AI foundation, Eightfold.ai has attracted numerous Fortune 500 clients and has raised significant funding from prominent investors to accelerate its global growth. As workforce dynamics continue to evolve, Eightfold.ai is well-positioned to help organizations navigate talent shortages and build future-ready teams through predictive analytics and advanced AI insights.
| Founded | 2016 |
|---|---|
| Headquarters | California |
| Valuation | ~$2.1 Billion |
| Annual Revenue (FY23 est.) | ~$100 million |
| Net Profit (FY23 est.) | Negative (growth stage) |
| Employees | ~750 |
| Round | Year | Amount | Valuation | Investors |
|---|---|---|---|---|
| Series E | 2021 | $220M | ~$2.1B | SoftBank Vision Fund II, General Catalyst, Lightspeed Venture Partners |
| Series D | 2020 | $125M | ~$1B | General Catalyst, Capital One Ventures |
| Series C | 2019 | $28M | Undisclosed | Foundation Capital, IVP |
| Series B | 2018 | $18M | Undisclosed | Foundation Capital, Lightspeed |
Eightfold has shown strong revenue growth, scaling from approximately $60 million in FY22 to around $100 million in FY23, driven by increased adoption of its AI-driven talent intelligence solutions across global enterprises. Despite ongoing investments leading to continued losses, the company has demonstrated a clear trajectory towards operational efficiency and market leadership. The consistent revenue expansion highlights Eightfold’s growing influence in the HR tech and AI recruitment sector.
Operating expenses have grown alongside revenue as Eightfold invests heavily in R&D and global expansion. Profit margins remain negative, but improvements are expected as the company scales its SaaS offerings and enterprise partnerships.
Eightfold’s team expanded from around 300 in FY22 to about 650 in FY24, supporting its rapid innovation and strong customer growth worldwide. This reflects its focus on technology development and customer success capabilities.
• Strengthen global enterprise presence and customer footprint.
• Enhance AI capabilities and talent analytics modules.
• Expand product offerings to address full talent lifecycle.
• Build partnerships with large system integrators.
• Evaluate IPO potential based on market readiness and scale.
Eightfold continues to announce strategic collaborations and product innovations focused on AI-driven talent management. The company remains at the forefront of transforming how enterprises attract and manage talent globally.
| Metric | Detail |
|---|---|
| Revenue FY24 | ~$50M – Strong growth momentum |
| Profitability | Negative – Focus on global scaling |
| Employees | ~650 – Rapid team expansion |
| Market Position | Leader in AI-powered talent intelligence |
Company websites, media reports, and publicly available funding data.
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