The HRTech Wire

Arena.io Secures $4.5 Million in Closed Capital to Accelerate Workforce Mobility Through AI-Powered Labor Market Intelligence

Baltimore-based Arena.io has closed $4.5 million in capital to expand its work with public sector workforce and education systems. The company says its outcomes-based talent platform draws on career data from four million people to predict who will succeed and stay in a role. The raise is also intended to bring in strategically relevant investors as labor-market shifts driven by technology and federal policy change hiring needs.