Workpop Raises $7M in Series A Funding

workpopWorkpop, a Los Angeles, CA-based marketplace for employers and job seekers, raised $7m in Series A funding.

The round, which came after a $900k seed funding in April 2014, was led by Dan Scholnick of Trinity Ventures with participation from SV Angel, Evan Williams and Biz Stone’s Obvious Ventures, Cornerstone OnDemand, Joe Lonsdale, Aaron Levie, Slow Ventures, David Tisch’s Box Group, Ironfire Capital, Plus Capital, Jim Pallotta, IVP’s Dennis Phelps and Michael Marchetti.

The company intends to use the funds to focus on product and business development and customer acquisition.

Led by Co-CEOs Reed Shaffner and Chris Ovitz, and CTO Benjamin Berman and Director of Product Henry Jay Yu, Workpop provides a marketplace to connect employers and job seekers via a simplified application process featuring resume and video cover letters generators. Job seekers receive customized data and stats as they apply and are notified on skills they may need, application pool and additional jobs to consider. Employers can create a personalized dashboard and have access to post job listings, communication tools, scheduling options, offer letters and employee onboarding materials.
Los Angeles will serve as the inaugural city with plans to expand into new markets in 2015. Workpop will be available on mobile by the end of the year.

FinSMEs

16/09/2014

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