What is iMocha?
Founded in 2015 by Amit D Mishra and Sujit Karpe, iMocha operates as a comprehensive skills intelligence and assessment platform designed to empower talent teams with data-driven insights. The company boasts the world's largest skill assessment library, covering over 2,500 skills, which aids over 300 organizations across more than 70 countries in making smarter talent acquisition and development decisions. iMocha's innovative skilling API, recognized for its efficiency in speeding up hiring processes, is instrumental in helping enterprises acquire talent faster and measure the return on investment for their talent development initiatives. The organization is built on core principles of Trust, Innovation, Customer-first, and Collaboration, focusing on talent acquisition, learning and development, and HR transformation through upskilling and reskilling.
How much funding has iMocha raised?
iMocha has raised a total of $14.6M across 2 funding rounds:
Other Financing Round
$600K
Unspecified
$14M
Other Financing Round (2020): $600K with participation from Vaibhav Domkundwar, Anand Chandrasekaran, and Girish Mathrubootham
Unspecified (2022): $14M led by Better Capital, Upekkha, and Eight Roads Ventures
Key Investors in iMocha
Better Capital
Better Capital is an investment firm that has participated in iMocha's funding rounds, likely focusing on technology and SaaS companies.
Upekkha
Upekkha is an accelerator and early-stage investor that supports SaaS startups, indicating a strategic interest in iMocha's platform.
Eight Roads Ventures
Eight Roads Ventures is a global venture capital firm that invests in high-growth technology and healthcare companies, suggesting a belief in iMocha's scalability.
What's next for iMocha?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for iMocha. This capital infusion is expected to fuel further innovation in its skills intelligence platform, potentially expanding its assessment library and enhancing its AI-driven capabilities. Strategic investments often indicate a focus on market expansion, strengthening partnerships, and accelerating product development to solidify its position against competitors in the rapidly evolving HR tech landscape. iMocha is poised to further its mission of enabling organizations to optimize their talent strategies through advanced assessment and intelligence.
See full iMocha company page