Gloat nabs $90M to build AI-powered internal jobs marketplaces – TechCrunch

Gloat, an internal marketplace for corporate talent, today announced that it raised $90 million in a Series D round led by Generation Investment Management, bringing the startup's total raised to $192 million. Generation, notably, is chaired by former U.S. Vice President Al Gore. In an email Q&A with TechCrunch, CEO Ben Reuveni said that the proceeds will be put toward expanding Gloat's presence, growing its team of over 250 employees and "strengthening" its R&D initiatives. The list of employee recruitment, acquisition and jobs boards products is practically endless -- see Workday, LinkedIn and SAP SuccessFactors to start. Reuveni doesn't deny that Gloat faces stiff competition, but he sums up what he believes to be the company's differentiators thusly: "Gloat is unique in that we started by powering a solution for internal mobility. Across the market, there are a number of recruiting … tools to source external candidates, but internal mobility poses unique and nuanced challenges. It requires a real understanding of transferable skills and titles that may not be obvious without the deep, organization- and industry-specific insight Gloat's technology was built to offer."