Retrain.ai raises $13M to help workers reskill and upskill for better jobs

2021-03-11 23:45

Ai's team of data scientists and AI luminaries developed a groundbreaking platform that tackles the skills gap problem by analyzing millions of data sources - including corporate data and government statistics - in order to capture business growth drivers, analyze skills and skill-shifts cycles, and predict the 'Jobs-of-the-Future' allowing employers and employees to better understand which skills are emerging, evolving and expiring.

The platform then maps an organization's skills inventory, quantifies talent gaps, and recommends internal mobility and transition plans and personalized training pathways to bridge the skills gap.

"Our vision is to help 10 million workers get the right jobs by 2025 and help organizations navigate efficiently through the wave of change."

"Retrain.ai recognized that AI is a natural solution to effectively resolve the skills gap. AI is built for taxonomies, matching algorithms, optimizations and ongoing monitoring, and retrain.ai's unified platform has the potential to revolutionize the way talent is hired, trained and re-trained in a world of rapidly changing needs across all industries."

"The changing landscape of work requires a robust solution to help navigate the constant flux. Since March 2020 JDC-Tevet has doubled down on our efforts to find top notch AI based solutions," said Einav Aharoni-Yonas, CEO of JDC-Tevet.

"Retrain.ai impressed us for two very strong reasons: the AI powered platform provides real time and accurate data about labor trends and actionable insights on an ongoing basis. We look forward to helping millions get back on track."

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