PowerToFly, a NY-based end-to-end diversity recruiting and retention platform, raised over $30m in funding.
The round was led by investment funds managed by Morgan Stanley Expansion Capital with participation from the Morgan Stanley Next Level Fund, Chartline Ventures, and Grasshopper Bank (through debt financing).
The company intends to use the funds to build a membership portal for HR and People Operations leaders to learn best practices from DEIB experts in on-demand courses and tap into insights from anonymous comparative data points, support the continued growth of its existing products and services, including free professional development courses for the millions of diverse professionals who visit the platform each year.
Led by Katharine Zaleski, Cofounder and President, and Milena Berry, Cofounder and CEO, PowerToFly brings the entire DEIB ecosystem of passive and active talent, community groups, and companies together on one platform. In addition to meeting directly with hiring managers on the platform, users can attend summits and events throughout the year, watch thousands of upskilling videos, and network with peers, all free of charge.
The company is focused on empowering underrepresented talent across all races, ages, ethnicities, sexual orientations, abilities, veteran statuses, and gender identities.
FinSMEs
19/09/2022