The Predictive Index secures $50 million towards major company expansion

“The Predictive Index protects the manager from making a bad hiring decision,” said Joan Jones, Senior Manager at Nissan, “and has given me a quantifiable and sustainable approach to predict sales performance.”

Talent optimization tech company, The Predictive Index, has recently announced a successful $50 million funding round in growth-stage capital, spearheaded by General Catalyst.

The Predictive Index (PI) offers professionals and leaders the ability to tap into people science, data, and strategy in order to improve their hiring capabilities and choices when it comes to making a strong team, work culture, and reaching business milestones.

“Before purchasing PI in 2014, my business partner Daniel Muzquiz and I were former PI clients, doing talent optimization intuitively for over a decade now,” said Mike Zani, CEO of The Predictive Index. “We’ve invested tens of millions of dollars back into the business to evolve The Predictive Index into a talent optimization platform. We’re excited to accelerate growth, fuel our mission of ‘Better Work, Better World,’ and continue the evolution with General Catalyst.”

The capital will go towards company expansion and growth, as well as debuting a new market category. Other target growth areas include building up and strengthening the global talent optimization networking, premiering a strategic maturity model for team design, a first-ever talent optimization conference, and doubling the current employee number.

Additionally, The Predictive Index has also decided that 2019's mission for the company will be on educating leaders on how to best leverage talent optimization software and analysis for their needs in team building and more.

“This year, low unemployment and high turnover will further magnify the importance of talent,” said Kirk Arnold, Executive in Residence at General Catalyst and new PI board member. “Having a talent strategy which aligns and supports business strategy is a requirement for any business to be successful. We are impressed by the depth and breadth of The Predictive Index platform and are excited to be working with a team that has such a compelling vision.”

Read more here.

Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.