Phenom People Raises $22M in Series B Funding for Global Expansion

Phenom People, the leader in the Talent Relationship Marketing (TRM) market, has raised $22 million in Series B funding. The round was led by AXA Venture Partners, with participation from existing investors Sierra Ventures, Sigma Prime Ventures, and Omidyar Ventures.

Phenom People will use the funding for strategic growth initiatives, including accelerating product innovation and global sales expansion. Sierra Ventures’ Investing Partner, Tim Guleri says, “Since Sierra first invested in October 2015, Phenom People has grown tremendously and exceeded customer expectations with their unique Talent Relationship Marketing Platform. We are excited to continue supporting Mahe, Hari, and the team as they expand globally and accelerate product innovation.”

Phenom People’s Talent Relationship Marketing (TRM) Platform leverages artificial intelligence to help companies attract and engage candidates through personalized experiences. Mahe Bayireddi, CEO and Co-founder says, “This support from AXA Venture Partners and our existing partners, Sierra Ventures, Sigma Prime Ventures, and Omidyar Ventures will help us continue to expand the Phenom People Talent Relationship Marketing Platform and build more presence in international markets.

Phenom People previously raised $9 million from Sierra Ventures, Sigma Prime Ventures, and Omidyar Ventures. The latest funding brings the total amount raised to $31 million.

Read more from Technical.ly, Global Newswire, Philadelphia Business Journal, and People Matters.

Tim is a former serial entrepreneur, having built two successful software infrastructure companies: Scopus Technology (IPO in 1995) and Octane Software (M&A – Epiphany $3.2 billion). He joined Sierra Ventures as Managing Director in 2002 and focuses on Big Data and Artificial Intelligence. Since joining, he has taken two companies public (Sourcefire – FIRE and MakeMyTrip – MMYT), and has been responsible for several M&As. Tim holds a BA in Electrical Engineering from PEC University of Technology (India) and an MS in IEOR/Robotics from Virginia Tech. His passion (outside of his family and companies) is soccer.

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