Retrain.ai raises $13M to help workers reskill and upskill for better jobs
Retrain.ai announces the close of a $9M Series A led by international fund Square Peg, following their $4M Seed Round in September 2020, led by Hetz Ventures, with TechAviv and .406 Ventures participating.
Alongside the funding, the company announces a notable first deal with the Israeli Department of Labor which will be using retrain.ai to help flatten the national unemployment curve.
retrain.ai, at the forefront of HRTech innovation, is built to address the unprecedented shifts in the global workforce.
Data suggests that one third of current occupations will be displaced in a decade, mainly due to automation; occupations and skill requirements are changing faster than ever, the skills gap is widening, and organizations and people are scrambling to keep up. retrain.ai’s Talent Intelligence Platform enables both employers and employees navigate change, through the entire talent life cycle, from hiring