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iMocha Rakes in $14 Million in Series A Funding

iMocha Rakes in $14 Million in Series A Funding

The funding round was led by Eight Roads Ventures

iMocha has announced that it has raised $14 million in Series A funding. The round was led by Eight Roads Ventures, with participation from existing investors, Upekkha and Better Capital.

“Without a skill assessment platform to help measure and scale their talent pool, businesses will quickly lose out on talented team members. At iMocha, we've built the broadest and deepest technology skills library in the world with measurable outcomes. Our partnership with Eight Roads gives us a great launching pad to serve every Fortune 500 customer needing a skill assessment platform,” said Amit Mishra, co-founder and CEO at iMocha.

After this investment round, iMocha will be adding Aditya Systla from Eight Roads Ventures and Prasanna Krishnamoorthy from Upekkha to its board of directors.

iMocha's AI-powered assessment platform has helped organizations make talent management processes more robust and efficient. The company is helping build a unique SaaS platform helping companies stay ahead of the curve on talent management. Within a span of two years, iMocha has grown 400%. The company has also added a few Fortune 500 and global enterprises as its customers crossed the threshold of millions of assessments on its platform.


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