One Model, a platform that uses AI to help employers make decisions about recruiting, hiring, promotions, layoffs and general workplace planning, today announced that it’s raised $41 million in a funding round led by Riverwood Capital.
Christopher Butler, CEO of One Model, said that the capital will be used to “boost several of the company’s growth initiatives,” particularly in the areas of technology, product development, customer success and go-to-market.
“One Model’s people analytics product roadmap will be expanded to solve problems for a diverse array of data science, analyst, people manager and C-level audiences, delivering tailored content proactively through alerts, notifications and individualized reporting,” Butler told TechCrunch via email. “Further investment in One AI will provide more analysts and decision-makers with actionable forecasts, all from a powerful ethical and data governance p...
