Jumpstart raises $8.5 mn from Sequoia Capital

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Jumpstart, an early career recruiting platform for students, has raised $8.5 million in Series A led by storied VC firm Sequoia Capital, with participation from Michael Lynton, Chairman of Snapchat’s parent Snap Inc.; and Joshua Steiner, the Co-Chairman of commodity trading firm Castleton Commodities International LLC.

The company will utilize these funds to boost placements opportunities.

In a statement, Mike Vernal, a partner at Sequoia, said, “Almost every company at scale manages early-career recruiting differently than industry recruiting. That’s because the techniques for identifying great early-career talent are just different than folks with a decade of experience. We think there’s an opportunity for Jumpstart to be a global platform for early-career talent.”

Jumpstart has helped students get placed with big corporations like Akamai, Adobe, Twitch, Lyft, Pinterest and many more.

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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