HomeUKBeamery Receives Debt Financing From CIBC Innovation Banking

Beamery Receives Debt Financing From CIBC Innovation Banking

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beamery

Beamery, a London, UK-based provider of an AI-powered platform for talent management, received a debt financing from CIBC Innovation Banking.

The company intends to allocate the funding to support its growth plans and its development efforts.

Led by CEO Abakar Saidov, Beamery provides an AI-native talent platform that helps companies identify and close skills gaps while attracting, nurturing, and engaging their future workforce. It enables many Fortune 500 companies and employers to make workforce decisions by taking a skills-based approach to the entire talent lifecycle, finding and hiring candidates faster, improving organisational efficiency and productivity, and increasing key talent retention.

The company, which has 250 employees and offices in London and the United States, works with many of the global Fortune 500. In 2022, it reached a unicorn valuation of more than $1 Billion following a Series D funding round, which was led by Teachers’ Venture Growth, part of Ontario Teachers’ Pension Plan. 

FinSMEs

29/10/2024

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