May 27, 2020

Talespin – $15 Million

Los Angeles, CA ; 3/4/20

Amount Funded: $15 Million

Type: Series B

Lead Investor: Cornerstone On Demand

Participating Investor(s): HTC, Farmers Insurance Exchange, others

Total Funding to Date: $20 Million

Company Description:  Talespin is building the spatial computing platform to power talent development and skills alignment for the future of work. Founded in 2015, the company leverages its proprietary XR technology platform Runway to deliver XR-based learning and training applications, mixed reality field tools to support employee job performance, and to advance the collection and alignment of skills data. With offices in Los Angeles and Utrecht, The Netherlands, Talespin envisions a world where peoples’ purpose and talents are matched, enabling career paths that blur the line between our passions and our work.

What funding will be used for:

Grow talent development platform, Runway, expand research and development and continue growing its VR learning content library.

Quotes:

“Creating better alignment between skills and opportunities is the key to solving the reskilling challenges organizations across the world are facing. That’s why it’s critical companies find a way to provide accelerated, continuous learning and create better skills data. By doing so, we will open up career pathways for individuals that are better aligned to their natural abilities and learned skills, and enable companies to implement a skills-based approach to talent development, assessment, and placement. Our new funding and partnership with Cornerstone will allow us to expand our product offerings to achieve these goals, and to continue building innovative solutions that redefine what work looks like in the future.”

-Kyle Jackson, CEO, Co-Founder, Talespin

Notes:

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.

 

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