Pymetrics was founded in 2012 by Frida Polli and Julie Yoo. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Pymetrics is a hiring tool that uses AI to help HR departments eliminate bias when evaluating job candidates. Candidates are evaluated on a number of skills and personality characteristics to determine their match for a particular job. The company has received a number of awards and recognitions, including a place on Forbes' 2019 Artificial Intelligence 50, Human Resource Executive's 2020 ranking of Top HR Technology, Forbes' 2020 America's Best Startup Employers, and was named a best place to work in NYC in 2022. Pymetrics has raised $59 million in venture capital funding from investors including General Atlantic, Salesforce Ventures, Workday, JAZZ Venture Partners, Khosla Ventures. The company has been valued at $134 million.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/27/2018 | Series B | $58.05MM | $xx.xx | $19.99B | General Atlantic, Jazz Venture Partners, Khosla Ventures, Salesforce Ventures, Workday Ventures | |
Price per Share
$xx.xx
Shares Outstanding
9,000,000
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
General Atlantic, Jazz Venture Partners, Khosla Ventures, Salesforce Ventures, Workday Ventures
|
||||||
09/27/2017 | Series A-1 | $8.22MM | $xx.xx | $5.34B | Bbg Ventures, Jazz Venture Partners, Khosla Ventures, Randstad Innovation Fund, Workday Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,806,132
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
Bbg Ventures, Jazz Venture Partners, Khosla Ventures, Randstad Innovation Fund, Workday Ventures
|
||||||
08/18/2016 | Series A | $6.12MM | $xx.xx | $2.77B | Bbg Ventures, Khosla Ventures, Randstad Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,075,374
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
Bbg Ventures, Khosla Ventures, Randstad Ventures
|
||||||
12/18/2013 | Series Seed | $2.5MM | $xx.xx | $892.86MM | Andy Palmer, Bob Pittman, Jeff Hammerbacher, Khosla Ventures, Terry Mcguire | |
Price per Share
$xx.xx
Shares Outstanding
2,500,000
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
Andy Palmer, Bob Pittman, Jeff Hammerbacher, Khosla Ventures, Terry Mcguire
|