- Companies
- Gloat
Last Gloat valuation
$400M
Series C · Jun 2021
Last Gloat funding round
$90M
Series D · Jun 2022
Cumulative funding Gloat raised
$193M
across 5 funding rounds
Key investors in Gloat
Magma Venture Partners
Intel Capital
Eight Roads Ventures
PICO Venture Partners
Accel
Phoenix Financial
About Gloat
Gloat is a Tel Aviv-headquartered internal talent marketplace platform deployed by enterprises across 120 countries, including Unilever, PepsiCo, Nestlé, HSBC, Schneider Electric, and Seagate. The AI-driven system matches employee skills to internal roles, gigs, and projects, providing workforce analytics on skill gaps and mobility rates. Launched in 2015, Gloat serves 5 million users at 20% of Fortune 500 companies, raising $192 million in funding led by Insight Partners.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$400M (Jun 2021)
Gloat Valuation
Gloat is currently valued at $400M, based on its Series C in June 2021.
The $68M round was led by Accel, with participation from PICO Venture Partners, Magma Venture Partners, Eight Roads Ventures, Phoenix Financial and Intel Capital.
Gloat valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2021 | Series C | $400M |
Gloat Funding History
Gloat has raised a total of $193M across 5 funding rounds.
Gloat's first fundraising round was a $2M seed round in June 2015. The most recent completed round was a $90M Series D in June 2022.
Gloat funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2022 | Series D | Generation Investment Management (lead); Lumir Ventures; Eight Roads Ventures; Accel; Intel Capital | $90M | - | Gloat, founded in 2015 by Ben Reuveni, Amichai Schreiber, and Danny Shteinberg, develops an AI-powered talent marketplace and workforce agility platform that facilitates internal mobility, skills-based job architecture, career development, and talent optimization for large enterprises. The platform integrates with major HR systems to provide a harmonized view of employee skills, helping companies deploy talent efficiently and plan for future needs amid economic shifts. Customers include Mastercard, Unilever, Schneider Electric, Pepsi, and Seagate, with implementations emphasizing large-scale enterprise use cases. Gloat competes with players like Eightfold, Fuel50, Workday Talent Marketplace, and Oracle HCM Cloud in the growing HR tech sector focused on AI-driven internal talent markets. On June 28, 2022, Gloat raised $90 million in a Series D round led by Generation Investment Management from its $1.7 billion Sustainable Solutions Fund IV, with participation from Accel, Eight Roads Ventures, Intel Capital, and Lumir Ventures. This brought total funding to over $192 million. The investment aligns with Generation's sustainability focus, viewing Gloat's platform as advancing responsible innovation by prioritizing worker futures and enabling agile workforces during growth or disruptions. Proceeds fund global expansion, team growth beyond 250-300 employees (including 150 in Israel's R&D center), R&D enhancement, and potential acquisitions amid a softening VC market. Offices span Tel Aviv, New York, London, and Melbourne. CEO Ben Reuveni highlighted opportunities to gain market share as customer acquisition costs drop and smaller firms seek exits, positioning Gloat to accelerate leadership in enterprise talent marketplaces without slowing growth. |
| Jun 2021 | Series C | Accel (lead); PICO Venture Partners; Magma Venture Partners; Eight Roads Ventures; Phoenix Financial; Intel Capital | $68M | $400M | Gloat is a Tel Aviv-based startup that developed an AI-based platform to power internal job boards for organizations, enabling better talent mobility and workforce agility by integrating with existing recruiting tools and using algorithms to match employees to opportunities. The company serves large enterprises including Unilever, Pepsi, MetLife, HSBC, and ADP. On June 16, 2021, Gloat raised $57 million in a funding round led by Accel, with participation from Eight Roads Ventures, Intel Capital, Magma Venture Partners, Phoenix Financial, and PICO Venture Partners, bringing total funding to $92 million at the time. The investment supports business development and platform enhancements, such as expanding into contractor openings and improving features for flexible workforces, remote workers, productivity optimization, and equal opportunities. TechCrunch reported the post-money valuation in the region of around $400 million, with a possible range of $300 million to $500 million. Gloat positions itself as a pioneer in the Talent Marketplace category, becoming a strategic tool for global enterprises adapting to agile workforces. The round aligns with growing demand for AI-driven HR solutions amid shifts to remote and flexible work arrangements. |
| Dec 2019 | Series B | Eight Roads Ventures (lead); PICO Venture Partners; Magma Venture Partners; Phoenix Financial; La Maison ITF; Intel Capital | $25M | - | Gloat is an AI-powered talent marketplace platform that enables enterprises to build future-proof workforces by facilitating internal mobility, democratizing career development, and providing real-time insights into talent pools and skills gaps. The company, founded in 2015 and operating from New York and Tel Aviv, raised $25 million in its Series B funding round on December 17, 2019, led by Eight Roads Ventures with participation from Intel Capital, alongside existing investors Magma Venture Partners and PICO Venture Partners. Additional investors mentioned in some contexts include La Maison ITF and Phoenix Financial, though not all sources confirm every name. The funding was intended to expand Gloat’s offices in New York and Tel Aviv through ambitious hiring plans and to enhance its HR technology. At the time, Gloat had around 65 employees and served major global employers such as Unilever and Schneider Electric, typically targeting companies with at least 5,000 employees. The platform operates as a user-friendly SaaS solution with a per-employee fee and annual fee structure, onboarding employees and hiring managers to match internal opportunities. Gloat's product pivoted from external job matching to an internal talent marketplace after discovering that 50% of career moves could occur within companies, launching officially mid-2019. It achieved rapid traction with early customers including Unilever, Schneider Electric, Standard Chartered, Seagate, Nestlé, and HSBC, where 80-85% of employees complete profiles across clients. Post this round, Gloat continued raising capital, including a Series C of $57-68M in 2021 led by Accel with participation from Eight Roads, Intel Capital, Magma, and PICO, bringing total funding to around $92M, and a Series D of $90M in June 2022 led by Generation Investment Management. The company grew to 180 employees by Series C and focused on scaling its impact on human capital transformation amid workplace trends. |
| Jun 2017 | Series A | Magma Venture Partners (lead); PICO Venture Partners (lead); Communitas Capital Partners | $8M | - | - |
| Jun 2015 | Seed | Wellborn Ventures; Magma Venture Partners | $2M | - | - |
Who has invested in Gloat?
11 investors have backed Gloat across its funding rounds, including Magma Venture Partners, Intel Capital, Eight Roads Ventures, PICO Venture Partners, Accel and Phoenix Financial.
Lead investors include Generation Investment Management, Accel, Eight Roads Ventures, Magma Venture Partners and PICO Venture Partners.
Gloat Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jun 2015 | ||
| 3 | Lead | Jun 2017 | ||
| 3 | Lead | Dec 2019 | ||
| 3 | Participant | Dec 2019 | ||
| 2 | Lead | Jun 2021 | ||
| 2 | Participant | Dec 2019 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2015 | ||
| 1 | Lead | Jun 2022 | ||
This data is available for Pro users. Sign up to see all 11 Gloat investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGloat Competitors
Gloat competitors include listed companies like Workday and Teamshares, and private ones like micro1, Juicebox, hireEZ and Multiplier.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $9.6B | $1.2B | $48B | 4.7x | ||
| Private | $50M | - | $500M | 10.0x | ||
| Private | - | - | $850M | - | ||
| Private | - | - | $174M | - | ||
| Private | - | - | $400M | - | ||
| Publicly listed | $472M | ($23M) | $545M | 1.4x |
Gloat Public Comps
Gloat is still privately-owned, but its public comps include Winner Technology, DSC Holdings, Nordtech Group, Cerence, Yidu Tech, ZipRecruiter, AdvancedAdvT, eVISO, Beisen Holding and CS Disco.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $46M | ($7M) | 9.0x | - | (60.9x) | - | |||
| $101M | ($10M) | 3.3x | - | (34.3x) | - | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $252M | $8M | 1.7x | 1.4x | 52.9x | 6.2x | |||
| $122M | ($4M) | 1.4x | 1.2x | (45.0x) | 7.7x | |||
| $449M | ($7M) | 0.9x | 0.9x | (62.1x) | 7.3x | |||
| $72M | $13M | 2.5x | 2.4x | 14.1x | 8.9x | |||
| $363M | $12M | 0.7x | 0.6x | 22.8x | 16.6x | |||
This data is available for Pro users. Sign up to see all Gloat competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gloat
| When was Gloat founded? | Gloat was founded in 2015. |
| Where is Gloat headquartered? | Gloat is headquartered in New York City, NY, United States. |
| Is Gloat publicly listed? | No, Gloat is a private, VC-backed company. |
| What is Gloat's valuation? | Gloat was last valued at $400M in its Series C in June 2021. |
| How much funding has Gloat raised? | Gloat has raised $193M across 5 funding rounds. |
| What was Gloat's last funding round? | Gloat's last funding round was a $90M Series D in June 2022, led by Generation Investment Management. |
| Who are Gloat's investors? | Gloat's investors include Magma Venture Partners, PICO Venture Partners, Eight Roads Ventures, Intel Capital, Accel, Phoenix Financial, Lumir Ventures, Wellborn Ventures, Generation Investment Management, Communitas Capital Partners and 1 other. |
| Which companies are comparable to Gloat? | Companies comparable to Gloat include Workday, micro1, Juicebox, hireEZ, Multiplier and Teamshares. |
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