How Much Did Talview Raise? Funding & Key Investors

Talview has successfully raised funds through seven different rounds, with its latest being a Series B round. The company is backed by six investors, including lead investors like Eileses Capital and Inventus Capital Partners.

Talview offers a recruiting automation and education tech platform that leverages AI to enhance the efficiency and security of exams and interviews. Keep reading to explore the intricacies of Talview's fundraising journey and the investors backing this innovative platform.

What Is Talview?

Talview, based in San Mateo, California, is a private company specializing in AI-driven solutions for proctoring and interviewing. Founded in the early 2010s, the company operates in multiple industries, including Artificial Intelligence, EdTech, Enterprise Software, Human Resources, and Machine Learning.

With a workforce of 101-250 employees, Talview offers innovative products like Alvy, the AI Proctor, and Ivy, the AI Interviewer, designed to enhance the security and efficiency of exams and interviews. The company has successfully raised funds through seven rounds, with its latest being a Series B round.

How Much Funding Has Talview Raised?

1. Series B
   • Amount Raised: USD 15,000,000
   • Date: July 2021
   • Lead Investors: Eileses Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To accelerate the development of Talview's Video AI platform, add major capabilities, build extensions for mainstream remote-work systems, and expand their business globally.
2. Series A
   • Amount Raised: USD 6,750,000
   • Date: August 2019
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and enhance the AI capabilities of their platform.
3. Seed
   • Date: January 2019
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop initial product offerings and enter the market.
4. Seed
   • Date: June 2018
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To refine their technology and prepare for larger funding rounds.
5. Pre-Seed
   • Amount Raised: USD 45,678
   • Date: May 2018
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support early-stage development and initial market testing.
6. Pre-Seed
   • Date: May 2017
   • Lead Investors: Emergent Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To build a prototype and validate the business model.
7. Non-Equity Assistance
   • Date: December 2016
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To gain strategic support and resources without diluting equity.

Total Amount Raised: USD 21,795,678. Current Valuation: Not publicly disclosed.

Key Investors

• Eileses Capital
  • Details: Eileses Capital led Talview's Series B funding round. Kishore Bopardikar, Co-founder at Eileses Capital LLC, joined the Talview board.
  • Investment Focus Areas: Companies that improve living, learning, and working conditions.
  • Notable Investments: Talview.
• Storm Ventures
  • Details: Storm Ventures is a Silicon Valley-based VC firm focused on building enterprise leaders. Arun Penmetsa, Partner at Storm Ventures, continues on the Talview board.
  • Investment Focus Areas: Enterprise software, building enterprise leaders.
  • Notable Investments: Algolia, AtScale, Talkdesk.
• Inventus Capital Partners
  • Details: Inventus Capital Partners is an existing investor in Talview. The firm has a founder-first philosophy and invests in a select number of new teams each year.
  • Investment Focus Areas: Early-stage startups, founder-first approach.
  • Notable Investments: Nearly 90 founders backed to date.
• Emergent Ventures
  • Details: Emergent Ventures is a Silicon Valley-based VC firm that partners with high-potential entrepreneurs. Ankur Jain and Anupam Rastogi are partners involved with Talview.
  • Investment Focus Areas: Intelligent Software, AI, Enterprise Automation, Cloud Infrastructure.
  • Notable Investments: Focus on Intelligent Software.

What's Next for Talview?

Talview stands at the cusp of significant growth opportunities, driven by the increasing reliance on AI-powered solutions for hiring and proctoring. The company plans to enhance its Video AI platform, build extensions for remote-work systems, and expand globally, targeting enterprise corporations, educational institutions, and certification organizations. This expansion is bolstered by strategic partnerships with major tech companies like SAP and Microsoft, positioning Talview to cater to a wide range of industries and institutions.

Future fundraising opportunities appear promising, given the successful Series B round and the ambitious growth plans. Talview may seek additional funding to support further innovation and market expansion. However, the company faces challenges such as competition from other AI-powered solutions, ensuring data privacy and security, and scaling operations to meet global demand. Maintaining and expanding strategic partnerships will be crucial for sustaining growth and achieving long-term success.

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