Recently, iMocha raised $14 Million USD in Series A investment round. That meant a lot of things: we're headed in the right direction, we are product-fit, and most importantly, an additional responsibility of investor's trust and client's raised expectations, which iMocha has always valued and respected.
We are ecstatic, overjoyed, humbled to share exciting news with you today. Our series A round, led by Eight Roads Ventures wherein our existing investors, Upekkha and Better Capital also participated, has been a raging success, and we were able to raise $14 million USD in the round.
The year 2021 saw tremendous change and suffering — not only because of the pandemic but also due to heightened concerns over emerging trends in diversity and recruitment priorities. From the start of what turned out to be a year filled with crises and heroic responses, iMocha has put its best foot ahead to help the recruitment industry come to grips with what was happening and begin to define the new normal that we are all now living through.
Brandon Hall Group awards were accounded on 10 December 2021. The honor and revere developments in the field of Talent Acquisition, Learning and Development, Diversity and Inclusion, Future of Work, and Sales Performance.
We are excited and proud to achieve our recent accomplishment of Microsoft Gold Application Integration Competency status, as a part of Microsoft's Partner Network effort. This is iMocha's second Microsoft Gold Competency, demonstrating the company's ability to develop and integrate AI-powered skill assessment software that is inventive, stable, and efficient for a wide range of business demands.
From the incredible workplace environment, right through to our health and wellbeing yoga classes and occasional pizza parties, it’s no surprise that our employees feel that iMocha is a ‘Great Place to Work’.
iMocha has added to its amazing list of breakthroughs by releasing AI-EnglishPro, a new assessment tool that allows employers to objectively and accurately assess candidates' Business English competence. Recruiters and hiring managers can use AI-EnglishPro to evaluate candidates' Business English fluency and construct winning customer-facing teams in an unbiased, AI-powered, and simple method. The assessment tool is especially beneficial for university recruitment or campus hiring, lateral recruitment, and learning and development initiatives in an organization.
Fujitsu, a renowned Japanese multinational information and communications technology equipment and services corporation, has selected iMocha, the world's largest Al-powered skills assessment platform, as its global skills assessment partner for faster hiring of job-fit candidates.
On June 16, 2021 (New York Time), iMocha was spotted on Times Square, New York, after becoming the world’s largest skills assessment platform.
iMocha, the world’s largest Digital Skills Assessment platform, has partnered with iCIMS, a leading talent acquisition solutions provider to simplify the recruitment process further. This Prime integration between the two allows its users to elevate their recruitment process in a user-friendly, predictable manner.
In a Resurgence TIE Conference on Digital Acceleration and the Role of Startups, Satya Nadella, Microsoft’s CEO, praised iMocha’s skilling API. He mentioned how our innovation helps reduce time-to-hire and makes the lives of recruiting professionals easier. Here's the clip of the same: