The Axa-backed talent recruitment platform developer has secured funding in a series D round led by B Capital Group at a $1.3bn valuation.

Phenom, a US-based online recruitment platform developer backed by insurance firm Axa, received $100m yesterday in a series D round led by venture capital firm B Capital Group.

The round also featured Omers Growth Equity, an investment arm of pension fund manager Omers, in addition to Dragoneer Investment Group and GoldenArc Capital. It valued the company at $1.3bn, according to Bloomberg.

Phenom’s platform uses artificial intelligence to automate recruitment practices for recruitment agencies and the human resource divisions of businesses,…

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