On December 13, 2022, Beamery, a talent lifecycle management firm, completed a Series D funding round for CAD 68.1 million ($50 million), reaching a valuation exceeding CAD 1.37 billion ($1 billion), marking a 25% increase since the previous round. The round was led by Teachers’ Ventures Growth (TVG), part of the Ontario Teachers’ Pension Plan, and supported Beamery's AI-driven platform that serves giants like General Motors and Johnson & Johnson. Despite the 2022 economic challenges, Beamery's Fortune 500 client revenue soared by over 250%, with customer retention for this group at over 135%. This growth is partly due to their innovative Universal Skills Platform and ethical-AI enhancements aimed at reducing recruitment bias. The funding has underpinned Beamery's client expansion, adding BBC and Uber, while facilitating a 2.5-fold increase in employee tenure, a 20% rise in diverse candidate hires, and halving hiring and retention costs. Abakar Saidov, Beamery's CEO, and Avid Larizadeh Duggan of TVG highlighted the platform's role in offering a deeper understanding of skillsets for effective talent management. Joe Mazzo from EisnerAmper emphasized Beamery's impact on improving talent sourcing and retention.