Jumpstart Raises $20M in Funding

Jumpstart, a San Francisco, Calif.-based provider of a Diversity Recruitment Platform (DRP), is rebranding as Canvas raised $20m in funding.

The round was led by Lachy Groom and Sequoia Capital with participation from Four Rivers Capital. 

The company intends to use the funds to expand the platform into other industries and verticals beyond technology.

Led by Ben Herman, CEO, Canvas provides a Diversity Recruitment Platform to hire diverse teams and gain transparency into the diversity of applicants in the hiring process. Customers include Airbnb, Bloomberg, Coinbase, Lyft, Pinterest, Plaid, Roblox, Audible, Stripe, and more use Canvas to understand the diversity of their recruiting pipeline, source underrepresented talent, run engaging virtual events, enhance employer brand, and measure the ROI of their diversity recruiting initiatives.

The company currently has 70 employees and expects to have 100 by the end of 2021.

FinSMEs

25/05/2021