Workplace Analytics Firm Predictive Index Raises $50M to Build Better Teams
The Predictive Index secures a $50 million growth round from General Catalyst to expand its behavioral assessment software. The funding supports the company's mission to help businesses win the talent war through strategic hiring.
The Predictive Index, a workplace analytics company that develops behavioral and cognitive employee assessments, raises $50 million in growth-stage capital from venture capital firm General Catalyst. This massive investment marks the largest first check General Catalyst ever writes for a company. Managing director Holly Maloney leads the deal and takes a board seat to help guide the veteran business.
Despite its founding in 1955, the Boston-based company operates with modern growth ambitions under CEO Mike Zani, who acquires the business in 2014. Zani plans to use the new capital to double the employee headcount and create a comprehensive playbook on how to design, hire, and inspire winning teams. He also announces plans to launch a new talent optimization industry conference.
The company currently serves 7,000 customers across 142 countries, including major brands like Nissan, DocuSign, and Blue Cross Blue Shield. Zani argues that most companies lose the talent war because they lack strategic talent strategies, and this funding helps Predictive Index provide the strategic discipline needed to use talent as a true business performance lever.