Recruitment startup Jumpstart raises $8.5M Series A to grow its AI-powered recruiting platform for STEM jobs and match students with tech companies
According to Smithsonian, 2.4 million science, technology, engineering, and mathematics (STEM) jobs will go unfilled and according to IDTech, the demand for STEM is lacking not because there isn’t interest or understood importance of STEM, but because people just aren’t fit to fill such openings. But what if the gap isn’t due to a lack of qualified individuals but simply a sourcing problem? Enter Jumpstart, a recruitment platform using machine learning to connect employers with top university level engineering talent from diverse backgrounds allowing them to find the right talent needed to fill their open roles.
Today, Jumptstart announced it has raised $8.5M Series A for its AI-powered and human curation recruiting platform. The round was led by storied VC firm Sequoia Capital, with participation from Michael Lynton, the chairman of Snapchat’s parent Snap Inc. and others. The fund will be used to grow its platform that uses artificial intelligence and machine learning to match new college graduates with companies.
Founded in 2017 by Ben Herman, the San Francisco, California-based Jumpstart is using the latest advancements in machine learning to solve an age old problem – university recruiting. Jumpstart connects employers with top university level engineering talent from diverse backgrounds allowing them to find the right talent needed to fill their open roles.
Jumpstart allows companies to discover and engage diverse talent from hundreds of schools across the country. Our suite of tools, from event management, sourcing, data analytics and company branding, saves time and increases your ROI.