Teal, the AI-powered career platform, has recently announced that it has raised $7.5 million in Series A funding, bringing the company’s total capital to $19 million. The funding round was co-led by CityLight Capital and Flybridge, with participation from Rethink Capital Partners and Lerer Hippeau. With this capital, the company intends to boost product development, expanding the platform and its growing array of advanced AI capabilities to assist consumers in navigating the increasingly complex work landscape.
Headquartered in Miami, Florida, Teal aims to help people find and land jobs they love. By empowering every professional with the tools, insights, and guidance they need to navigate their career, the platform makes the path to success more transparent and accessible. Through its suite of job search tools, such as an AI Resume Builder, Job Tracker, Job Search Board, and Chrome extension, the firm is poised to change the way people approach their career journeys and, ultimately, to counterbalance the massive infrastructural disparity between the HR resources available to companies and those available to employees. Teal is backed by Flybridge Capital, Lerer Hippeau, Corigin Ventures, Aleph, Oceans Ventures, High Output, AVG Basecamp, and Kairos Angels.
Speaking about the platform, David Fano, Founder and CEO of Teal, said:
In today’s macroeconomic environment, finding a job can be cumbersome – and time-consuming. From rapid advancements in AI, increased competition, and the limited time consumers have, they need simple solutions to help them stand out. Unlike traditional job boards, Teal puts the job seeker in the driver’s seat and is the career companion to hundreds of millions of people from the day they start working to the day they retire. Teal’s AI-powered career platform automates the process of finding, applying for, and landing jobs. It also helps members prepare for interviews and negotiate salaries, no matter the career or industry they may be in – with thousands of members successfully landing interviews and offers. Our new financing will accelerate product development and scale our platform globally.
Teal also unveiled new AI-powered Offer Evaluation and Negotiation Support Tools that help professionals understand and advocate for their worth. The Offer Evaluation Tool provides a real-time, personalized analysis of any job offer by synthesizing data from similar roles and current market trends. The Negotiation Support Tool offers expert-crafted templates, email scripts, and guided support—equipping professionals with the confidence to secure a new offer or negotiate a raise with clarity and precision.
Over the past year, the startup has demonstrated consistent momentum and continued to grow in the following areas:
- Attracting over two million members across its free and paid offerings, presenting millions of open positions to its customers.
- Helping job seekers save over 7 million jobs and land nearly 400,000 interviews.
- Enabling a 97% reduction in application preparation time—transforming an eight-hour task into one that takes just minutes, giving candidates valuable time.
- Appointing its new Chief Technology Officer, Sumit Gupta, who brings over 20 years of experience building AI, voice, and fintech products at IBM and Oracle.
Commenting on the fundraising, Jeff Rinehart, Partner at City Light Capital, said:
Teal is designed to give people the tools to take ownership of their career, whether they’re just starting in the workforce or looking to level up their salary. As an investor in Teal, we strongly support its mission and ability to put world-class products into the hands of consumers so they’re empowered to make informed, guided choices about what they see for their future.
In conjunction with the investment, Teal announced its new AI Interview Coach, a tool that assists job seekers in preparing for interviews suited to specific roles. By simulating a two-way discussion with an AI agent, the coach provides role-specific question prompts and real-time feedback to help improve responses. This dynamic practice enables applicants to talk more confidently, communicate their abilities and experiences effectively, and present themselves organically in real-world interviews.
