Phenom People, which is located at Ambler Yards in Ambler (Lower Gwynedd Township) announced today that it has raised $30 million in Series C funding, bringing total investments to $61 million. To support the global demand for AI-driven talent experiences, Phenom People will use the investments for continued company growth and scale.
Phenom People is a global HR technology company with a mission to help a billion people find the right job. It works to do this through an AI-based SaaS platform called Talent Experience Management.
This round of investment was led by WestBridge Capital, with participation from AllianceBernstein Private Credit Investors’ Growth Stage Capital Group. Contributions from existing investors include AXA Venture Partners, Sierra Ventures, Omidyar Technology Ventures, Sigma Prime Ventures and Karlani Capital.
“Global organizations are shifting their spend from legacy singular HR tools to data-driven, intelligent talent experience platforms,” said Mahe Bayireddi, CEO and co-founder at Phenom People. “CHROs can make an investment in a modern approach—connecting every interaction across the talent lifecycle for candidates, recruiters, employees and management.”
“Phenom People’s talent experience technology is unrivaled in today’s marketplace,” said Sumir Chadha, founder and managing director at WestBridge Capital. “Their solution is transforming and progressing HR in ways that point solutions and acquired technologies do not. This matches the market direction towards experience management for talent.”
“We’re prioritizing strategic investments that align with market trends,” said Abhishek Sud, managing director at AB-GSC. “Experience management is the next era for global companies investing in talent—Phenom People is pioneering the standards and technology. They have an impressive portfolio of large global brands and a history of commitment to their customers’ success.”
Phenom People also has offices in Canada, India, Israel, U.K., and the Netherlands, It has 500 employees with over 300 customers across all industries and ranks 120 on the Deloitte Technology Fast 500.