Inflection Points is a new recruiting firm in the cryptocurrency space that has recently raised $12.6 million in a Series A funding round.
This funding round was led by Lightspeed Venture Partners, with participation from Coinbase Ventures, Accel, and Fuel Capital.
The company was founded in 2019 with the mission of finding, onboarding, and helping to retain top-tier talent in the rapidly growing cryptocurrency and blockchain space.
Investment Will Help Build Infrastructure and Expand Talent Network
This investment will help Inflection Points build out the technology and infrastructure needed to expand its services and hire more people to join its talent network.
The company is well-known for its emphasis on data-driven sourcing and recruitment, and it currently works with a variety of companies in the cryptocurrency and blockchain space, including Coinbase, Binance, and Block.one.
Solving Talent Issues for Bitcoin and Crypto Companies
Inflection Points was founded to help address the growing talent gap in the cryptocurrency and blockchain space. As the industry continues to grow, it is becoming increasingly difficult for companies to find and hire the right people.
The company provides a platform for businesses in the space to quickly and efficiently identify the right talent, with a focus on finding people with the right skillsets, knowledge, and experience.
What This Investment Means
The new infusion of capital will allow Inflection Points to continue to expand its operations, as well as improve its platform and add more resources to its network of top talent.
The company is already working with a number of high-profile companies, and the new funding will give it the ability to serve more clients and build out its team of experienced professionals.
Conclusion
The recent funding round for Inflection Points is yet another sign that the cryptocurrency and blockchain industry is maturing and attracting more established venture capital players.
The company’s ability to solve the talent issue in this rapidly growing industry is a real testament to its expertise, and the new investment will ensure that it can continue to grow and serve its clients’ needs.
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