Gloat Overview
Gloat offers a platform designed to help organizations harness the hidden potential of their employees by providing them with an internal talent marketplace. By matching them with internal projects, learning, and career opportunities, companies can help employees take charge of their careers. Gloats state-of-the-art AI platform is designed to provide mission-critical visibility, insight, and organizational agility while disrupting the human resources technology industry and enabling enterprises to build future-ready workforces. Gloat is a dynamic, fast-growing startup with offices in Tel Aviv, New York, London, Singapore, and Melbourne, as well as a fleet of remote workers located all over the globe.
Cumulative Funding Raised Over Time ($)
$25.0MDec 2019
$26.6MJun 2015
$34.6MJun 2017
$91.6MJun 2021
$181.6MJun 2022
$186.4MNov 2018
Latest News
growth-positive
Gloat appoints Efrat Spasser Farber as SVP of Business Operations | CTech
Workforce Agility platform Gloat has appointed Efrat Spasser Farber as SVP Business Operations. Farber brings over a decade of managerial and professional experience to the role. She previously served as an SVP of Operations at Papaya Global and Operations and Financial Services Manager at Harel Insurance. Gloats CEO, Ben Reuveni, believes Farbers appointment will contribute to the companys growth and help create a stronger and more flexible organizational structure. Gloat offers a Talent Marketplace that helps international organizations develop and retain their employees.
Management Changes
growth-negative
Talent marketplace Gloat lays off 12% of team | CTech
Israeli startup Gloat, which raised $90 million in a Series D in June 2022, is laying off around 35 employees, accounting for 12% of its total workforce. Gloat has developed an AI-powered talent marketplace and a workforce agility platform. The companys clients include Unilever, Schneider Electric, Mastercard, and more. The layoffs are a result of market and economic conditions, and Gloat aims to adapt and continue providing value to customers.
Layoffs
growth-positive
Gloat raises $90 million Series D led by Al Gore's investment firm CTech
Israeli startup Gloat has raised $90 million in a Series D funding round led by Generation Investment Management. The company, which has developed an AI-powered talent marketplace, helps businesses develop and deploy their talent while understanding and adapting their workforce to changing needs. Gloats customer base has grown 2.5 times in the past year, with its ARR growing threefold. The funding will be used to grab a larger market share and potentially acquire other companies. Gloats valuation is estimated to be close to $1 billion.
InvestmentExpand
growth-positive
Gloat nabs $90M to build AI-powered internal jobs marketplaces
Gloat, a talent marketplace, has raised $90 million in a Series D funding round led by Generation Investment Management. The funding will be used to expand Gloats presence, grow its team, and strengthen its R&D initiatives. Gloat offers an AI-powered platform that matches employees to job openings within their organization. The platform also provides guidance on skill development and offers part-time and shadowing opportunities. Gloats AI system maps the relationships between skills, roles, candidates, and companies, and provides personalized career path options for employees. The company has a diverse customer list and has seen growth during the pandemic as companies focus on upskilling their workforce. Gloats funding round also reflects the increasing VC funding for HR tech startups.
InvestmentExpand
growth-positive
https://www.bloomberg.com/news/articles/2021-12-07/employers-look-to-internal-job-board-startups-to-fight-the-great-resignation
The article discusses Gloat, a talent-management startup that aims to reinvent the corporate job board using an algorithm to match workers to jobs. The company was founded by Ben Reuveni, who previously worked at IBM. The article highlights the challenges faced by employees in finding new career paths and the need for a tool that can help both employees and employers in the talent management process. The impact of the article on Gloat is growth-positive, as it highlights the companys innovative approach to addressing the Great Resignation trend. The key theme of the article is the reinvention of the corporate job board. The structured issues discussed in the article are related to customers and partners. The article does not mention any specific customers, investors, acquisition or investment amounts, layoffs, or the date of the event. The confidence level of the response is 8.
CustomersPartners
| Sector | Business Software |
Funding
| Total funding | $186.4M |
| Last funding | $90M |
| Stage | D |
| Rounds | 6 |
| Investors | 8 |
Team Members
6
Employees: 51-200
Web & Social Links
| Website | gloat.com |
| Careers | Careers page |
Locations
Leonardo da Vinci St 14, Tel Aviv-Yafo, Israel
33 Irving Place, New York, NY, USA
London, UK
Photos & Videos
3 item(s)
Gloat Business
Business models
B2C, B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareOperations SolutionsHuman Resources ManagementTarget Customer
ConsumersProfessionals & Gig EconomyJob SeekersFreelancersEnterprise & Professional ServicesEnterprisesHuman Resource & Employment ServicesCore Technology
Platforms & InterfacesWebArtificial IntelligenceMachine LearningNatural Language ProcessingTags (12)
social-mediaprofessionalshrrecommendationssaasartificial-intelligenceweb-platformsocial-networksmachine-learningprivacy-protectionnatural-language-processinghr-techUse Cases
Build a skills-based organizationCreate an inclusive workforceFuture-proof your workforceGrow and develop your peopleReplace silos with mobilityRestructure efficientlyEnhance agility and speed to marketIncrease retentionGeographic Markets
United Arab EmiratesGlobalGloat Financials
$186.4M
Total funding
Undisclosed
Capital raised
$90M
Last funding
D
Funding stage
6
Total rounds
8
Investors
Cumulative Funding Raised Over Time ($)
$25.0MDec 2019
$26.6MJun 2015
$34.6MJun 2017
$91.6MJun 2021
$181.6MJun 2022
$186.4MNov 2018
Private Equity Funding
D Round
Jun 2022
$90M
Generation Investment Management (Lead)
,
PICO Venture Partners, La Maison Partners
C Round
Jun 2021
$57M
Accel (Lead)
,
Magma Venture Partners, PICO Venture Partners, Intel Capital, Eight Roads Ventures, La Maison Partners
B Round
Dec 2019
$25M
Eight Roads Ventures (Lead)
,
Magma Venture Partners, Intel Capital, PICO Venture Partners, La Maison Partners
Convertible Debt
Nov 2018
$4.8M
Magma Venture Partners, PICO Venture Partners
A Round
Jun 2017
$8M
PICO Venture Partners, Magma Venture Partners
Seed
Jun 2015
$1.6M
Wellborn Ventures, Magma Venture Partners
Gloat Lifecycle
Cumulative Funding Raised Over Time
$25.0MDec 2019
$26.6MJun 2015
$34.6MJun 2017
$91.6MJun 2021
$181.6MJun 2022
$186.4MNov 2018
All Events
D Round
Jun 2022
$90M
Generation Investment Management (Lead)
,
PICO Venture Partners, La Maison Partners
C Round
Jun 2021
$57M
Accel (Lead)
,
Magma Venture Partners, PICO Venture Partners, Intel Capital, Eight Roads Ventures, La Maison Partners
B Round
Dec 2019
$25M
Eight Roads Ventures (Lead)
,
Magma Venture Partners, Intel Capital, PICO Venture Partners, La Maison Partners
Convertible Debt
Nov 2018
$4.8M
Magma Venture Partners, PICO Venture Partners
A Round
Jun 2017
$8M
PICO Venture Partners, Magma Venture Partners
Seed
Jun 2015
$1.6M
Wellborn Ventures, Magma Venture Partners
Gloat News
21 articles
growth-positive
Gloat appoints Efrat Spasser Farber as SVP of Business Operations | CTech
Workforce Agility platform Gloat has appointed Efrat Spasser Farber as SVP Business Operations. Farber brings over a decade of managerial and professional experience to the role. She previously served as an SVP of Operations at Papaya Global and Operations and Financial Services Manager at Harel Insurance. Gloats CEO, Ben Reuveni, believes Farbers appointment will contribute to the companys growth and help create a stronger and more flexible organizational structure. Gloat offers a Talent Marketplace that helps international organizations develop and retain their employees.
Management Changes
growth-negative
Talent marketplace Gloat lays off 12% of team | CTech
Israeli startup Gloat, which raised $90 million in a Series D in June 2022, is laying off around 35 employees, accounting for 12% of its total workforce. Gloat has developed an AI-powered talent marketplace and a workforce agility platform. The companys clients include Unilever, Schneider Electric, Mastercard, and more. The layoffs are a result of market and economic conditions, and Gloat aims to adapt and continue providing value to customers.
Layoffs
growth-positive
Gloat raises $90 million Series D led by Al Gore's investment firm CTech
Israeli startup Gloat has raised $90 million in a Series D funding round led by Generation Investment Management. The company, which has developed an AI-powered talent marketplace, helps businesses develop and deploy their talent while understanding and adapting their workforce to changing needs. Gloats customer base has grown 2.5 times in the past year, with its ARR growing threefold. The funding will be used to grab a larger market share and potentially acquire other companies. Gloats valuation is estimated to be close to $1 billion.
InvestmentExpand
growth-positive
Gloat nabs $90M to build AI-powered internal jobs marketplaces
Gloat, a talent marketplace, has raised $90 million in a Series D funding round led by Generation Investment Management. The funding will be used to expand Gloats presence, grow its team, and strengthen its R&D initiatives. Gloat offers an AI-powered platform that matches employees to job openings within their organization. The platform also provides guidance on skill development and offers part-time and shadowing opportunities. Gloats AI system maps the relationships between skills, roles, candidates, and companies, and provides personalized career path options for employees. The company has a diverse customer list and has seen growth during the pandemic as companies focus on upskilling their workforce. Gloats funding round also reflects the increasing VC funding for HR tech startups.
InvestmentExpand
growth-positive
https://www.bloomberg.com/news/articles/2021-12-07/employers-look-to-internal-job-board-startups-to-fight-the-great-resignation
The article discusses Gloat, a talent-management startup that aims to reinvent the corporate job board using an algorithm to match workers to jobs. The company was founded by Ben Reuveni, who previously worked at IBM. The article highlights the challenges faced by employees in finding new career paths and the need for a tool that can help both employees and employers in the talent management process. The impact of the article on Gloat is growth-positive, as it highlights the companys innovative approach to addressing the Great Resignation trend. The key theme of the article is the reinvention of the corporate job board. The structured issues discussed in the article are related to customers and partners. The article does not mention any specific customers, investors, acquisition or investment amounts, layoffs, or the date of the event. The confidence level of the response is 8.
CustomersPartners
growth-positive
Countering The Great Resignation(s) With Internal Talent Search
The article discusses the concept of talent shortage and how companies should focus on internal mobility and talent marketplaces to address this issue. It emphasizes the need for companies to recognize the skills and interests of their employees and provide opportunities for growth and advancement within the organization. The article mentions Gloat as a company that helps develop internal talent marketplaces. It also highlights the success of companies like Unilever and Schneider Electric in implementing talent marketplaces. The article suggests that companies need to adapt to the changing workplace and leverage tools like LinkedIn and Glassdoor to provide visibility of internal opportunities to employees. Overall, the article promotes a growth-positive impact on Gloat and highlights the key theme of internal talent mobility.
CustomersPartners
Gloat Announces Industry-First Talent Marketplace Ecosystem to Enable Complete Workforce Agility for Enterprises
Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work
growth-positive
Gloat raises $57 million Series C to boost workplace talent platform
Israeli startup Gloat, which offers an AI-powered internal talent marketplace and workplace agility platform, has completed a $57 million Series C funding round led by Accel. The funding brings Gloats total funding to $92 million. The company has experienced significant growth, with a fivefold increase in clients and a fourfold increase in revenue over the past year. Gloats platform allows employees to move within an organization and provides visibility for companies to make organizational changes and identify skills gaps. Global enterprises such as Unilever, Schneider Electric, and Nestlé are among Gloats customers.
Investment
growth-positive
UAE's largest bank partners with Gloat to launch internal 'Talent Marketplace'
First Abu Dhabi Bank (FAB), the UAE’s largest bank, has partnered with Gloat, an Israeli company that has developed an AI-powered internal talent marketplace and workplace agility platform. Gloats talent marketplace uses AI to match individuals to the best opportunities within their company. FAB is the first deployment of Gloats solution in the Middle East. The partnership will allow FAB to break down silos across the organization and provide employees with personalized career development opportunities. Gloats solution is already used by large companies like Unilever and Schneider Electric. The CEO of Gloat, Ben Reuveni, expressed excitement about empowering FABs employees with personalized growth opportunities.
Partners
growth-positive
"הקורונה האיצה תהליכים, עסקאות נסגרות מהר יותר"
Gloat, an Israeli startup, has developed a platform that helps individuals find career opportunities within their current organizations. The company initially started as a marketplace for candidates to discover their preferred career paths based on algorithms. However, they noticed that the next step for many individuals could be within their own companies. Gloat expanded its platform for internal use within corporate giants like HSBC, Unilever, Schneider, and PepsiCo. The COVID-19 pandemic has accelerated the trend of promoting employees within organizations. Gloats services have been highly valued, with Unilever alone generating half a million hours of usage in the past year. The pandemic has also sped up the deal-making process, with transactions closing in 3-4 months instead of the usual 9 months.
CustomersPartners
growth-positive
Gloat wants to become the 'Tinder' of large enterprises
Israeli HR Tech company Gloat has created an internal Talent Marketplace for large enterprises, allowing employees to find meaningful work or mentorship programs within their current organizations. The companys solution is used by large companies such as Unilever and Schneider Electric. By using the solution, workers can enhance their skills and progress through their careers despite the challenges brought on by Covid-19. Gloat has raised a total of $34.6 million over three rounds.
CustomersPartners
growth-positive
Gloat Announces Release of New Workforce Agility Platform
Gloat, the AI-powered talent marketplace company, is offering new tools and features to help companies become more agile and meet their changing needs. The new offerings include Dynamic Talent Allocation, Succession Planning, Workforce Insights & Planning, Team Development, and Dynamic Employee Career Pathing. These tools aim to adapt to unforeseen challenges, unlock employee capacity, redeploy internal talent, increase engagement, and revolutionize the future of work. Gloats expanded platform addresses the workforce changes caused by COVID-19 and aims to build a future-proof workforce. The company has been used by major employers like Unilever and Schneider Electric. Gloats CEO, Ben Reuveni, emphasizes the importance of building an agile workforce and highlights the role of artificial intelligence in achieving this.
CustomersPartners
growth-positive
Gloat raises $25 million to provide employees with professional development
Gloat, an AI-powered career development platform, has raised $25 million in a series B funding round co-led by Eight Roads Ventures and Intel Capital. The New York-based company, which matches users with personalized opportunities while allowing them to remain anonymous, will use the funds to expand its New York and Tel Aviv offices and enhance its technology and service offerings. Some of the worlds largest employers, including Unilever, Schneider Electric, LivePerson, Intuit, Oracle, Grubhub, Fiverr, PayPal, Oath, eBay, Vimeo, Cisco, General Electric, Deloitte, Western Digital, Monday.com, Houzz, Wix, and over 500 others, have already deployed its tools.
InvestmentExpand
growth-positive
https://m.jpost.com/Israel-News/Gloat-harnesses-AI-to-transform-the-career-ladder-into-a-lattice-593144
Tel Aviv-based AI career development start-up Gloat is focusing on facilitating internal mobility within enterprises. The companys InnerMobility platform matches employees with opportunities inside the company based on their skills and ambitions, allowing them to horizontally advance their careers without leaving their current place of work. Gloat aims to become a one-stop shop for employees within enterprises to advance their careers and eventually facilitate job swaps between companies. The company is part of the changing perception of career progression, emphasizing the benefits of replacing the traditional corporate ladder with a corporate lattice.
CustomersPartners
https://www.hrtechnologist.com/amp/news/recruitment-onboarding/gloat-launches-innermobility-a-talent-management-platform-and-app/
growth-positive
The Company Formerly Known as Workey is Ready to Gloat
Workey, an AI solution for recruitment and career enhancement, is changing its name to Gloat. The company is committed to revolutionizing the recruitment process by providing smart recommendations for career steps using advanced AI. Gloats anonymity feature allows passive seekers to explore options and widens the pool of potential employees. The company is already working with over 500 companies, including WeWork, Dell EMC, Oracle, and Yahoo. Gloat aims to tackle bias in decision-making and has launched an iOS application for users to swipe through smart matches. The company is based in Tel Aviv and New York.
Customers
Workey, a 'Tinder for job recruiting,' rebrands - New York Business Journal
growth-positive
Workey launches 'Tinder for recruitment'
Israeli career development and recruitment startup Workey has built an iOS app that functions like a Tinder for recruitment. The app uses machine learning to match job seekers with potential career opportunities and allows recruiters to browse anonymized profiles. Over 300 companies, including WeWork, Dell EMC, Oracle, and Yahoo, are already using Workey. The startup is experiencing growth and is considering a subscription model in addition to its current revenue model of charging per successful candidate.
CustomersPartners
growth-positive
Israeli AI HR co Workey raises $8m
Israeli startup Workey has completed an $8 million Series A financing round led by PICO Partners and Magma VC. The funding will be used to open the companys first US office in New York City. Workey has also officially launched its platform in the US after a successful Beta experience in Israel and the US. The platform uses AI to provide users with career recommendations and helps companies find potential recruits. Workey has worked with over 400 companies during its Beta phase, including Amazon, Dell EMC, Oracle, and Yahoo.
InvestmentExpand
growth-positive
Data-Driven Job Startup, Workey, Launches After Successful Beta to Help People Discover Their Next Career Move
Workey, a job platform that uses data-science and machine-learning algorithms to guide tech candidates in their career paths, has launched in the United States. The platform analyzes users career histories and compares them to millions of others to suggest relevant opportunities. Unlike other job platforms, Workey calculates a Path for each user and recommends highly relevant opportunities. The platform also allows candidates to pursue their suggested path and be on the job hunt anonymously. Within 8 months of beta, Workey onboarded over 200 tech companies, and the U.S. launch aims to facilitate the recruitment process for more technology companies. Workey has raised $1.6 million in seed funding led by Magma Venture Capital.
CustomersPartnersInvestment
Gloat Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 173 |
| Team members | 6 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 19 classification IDs that could be used for matching.
Gloat Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515059897 |
| Crunchbase | workey |
| Creator | Raz Zohar |
| Creator email | raz@platterz.ca |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2024-07-25T00:00:00.000Z |
| Created | 2014-12-24T00:00:00.000Z |
| Claimed | Yes |