Teal, a Miami, Florida-based AI-powered career platform, has raised $7.5 million in Series A funding, bringing its total capital to $19 million.
Investors
The round was co-led by CityLight Capital and Flybridge, with support from Rethink Capital Partners and Lerer Hippeau.
Founded in 2004, CityLight Capital is a venture capital investment firm based in New York, NY. The firm seeks to invest in seed-stage, early-stage, later-stage, and growth-stage U.S.-based companies operating in technology, education, digital health, climate, food, wellness, energy, agriculture, Internet of Things (IoT), safety & care, and environmental sectors.
Flybridge is a seed-stage venture capital firm based in Boston and New York City that invests in ambitious founders leveraging the power of AI. It manages over $1 billion across six seed funds and seven pre-seed funds.
Teal Use of Funds
The funding will drive product development and expand Teal's AI capabilities.
About Teal
Teal provides an AI-powered career platform designed to help job seekers navigate the modern job market more efficiently. It offers a suite of tools, such as an AI Resume Builder, Job Tracker, Job Search Board, and Chrome Extension, to simplify the job search process. Teal also provides features like interview preparation with an AI Interview Coach and salary negotiation support with tools for offer evaluation.
Funding Details
Company: Teal Labs, Inc.
Raised: $7.5M
Round: Series A
Funding Date: January 2025
Lead Investors: CityLight Capital, Flybridge
Additional Investors: Rethink Capital Partners, Lerer Hippeau
Company Website: https://www.tealhq.com/
Software Category: AI Career
Source: https://www.prnewswire.com/news-releases/teal-announces-series-a-funding-to-expand-its-ai-powered-careers-platform-bringing-total-financing-raised-to-19-million-302357544.html