On November 2, 2020, SkyHive completed its US$8 million Series A financing round led by AllegisCyber Capital, Accenture Inc., Workday Ventures and the Partnership Fund for New York City. SkyHive intends to use the funds to continue to expand operations and its business reach as well as to open a new office in New York.
SkyHive is a premier AI-based SaaS platform aimed to reskill enterprise workforces and communities, by providing an advanced source of data for how the world works and learns. The AI-based engine allows the platform to read employees’ work profiles and transform it into skills, finding a connection between these skills and the skills extracted from jobs to identify optimized career pathways through learning solutions. The technology works with every kind of workforce.
Osler, Hoskin & Harcourt LLP advised SkyHive with a team consisting of Mark Longo, Manveer Bisla (Emerging and High Growth Companies), Ian Morrison, Alix Morse (Corporate) and Shaun Parker (Employment & Labour).