Eightfold AI was founded in 2016 by Ashutosh Garg and Varun Kacholia. Eightfold AI has not officially endorsed a plan to participate in an IPO.
Eightfold is an AI-powered hiring platform. Per Forge data, Eightfold AI raised $396.8 million in funding over 5 rounds. Their latest funding was raised on Jun 10, 2021, from a Series E round. Key investors include Foundation Capital, SoftBank Vision Fund, General Catalyst, IVP, and Lightspeed Venture Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/10/2021 | Series E | $221.81MM | $xx.xx | $2.08B | Capital One Ventures, Foundation Capital, General Catalyst, Ivp, Lightspeed Venture Partners, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
20,414,815
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capital One Ventures, Foundation Capital, General Catalyst, Ivp, Lightspeed Venture Partners, Softbank
|
||||||
10/27/2020 | Series D | $147.82MM | $xx.xx | $1B | Capital One Ventures, Foundation Capital, General Catalyst, Ivp, Lightspeed Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
24,218,736
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capital One Ventures, Foundation Capital, General Catalyst, Ivp, Lightspeed Venture Partners
|
||||||
04/24/2019 | Series C | $31.55MM | $xx.xx | $185MM | Foundaction Capital, Ivp, Lightspeed Ventures | |
Price per Share
$xx.xx
Shares Outstanding
21,610,689
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Foundaction Capital, Ivp, Lightspeed Ventures
|
||||||
04/17/2018 | Series B | $19.45MM | $xx.xx | $90.01MM | Foundation Capital, Lightspeed Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
22,554,625
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Foundation Capital, Lightspeed Venture Partners
|
||||||
06/10/2016 | Series A | $5.72MM | $xx.xx | $19.07MM | Lightspeed Ventures | |
Price per Share
$xx.xx
Shares Outstanding
19,194,944
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lightspeed Ventures
|