This Startup Thinks Machine Learning Can Make Your Job Hunt Less Painful
These days, job hunting looks a lot like online dating: Seemingly infinite scrolling, a few messages that lead to nowhere, and even fewer human interactions that--more often than not--don't turn out the way you thought they would. Recruiting startup WayUp hopes to convince job searchers that it doesn't have to be such "a miserable process," says co-founder and CEO Liz Wessel. WayUp offers a "smart" platform that uses data to match seekers with potential employers. Wessel says that the site collects about 40 data points per applicant and, armed with that information, is able to suggest "the right jobs to the right people" better than job sites like Indeed and Monster, or professional social network LinkedIn. On Thursday, the company announced that it has raised a $18.5 million series B funding round, led by Trinity Ventures, with participation from WayUp's existing investors, including General Catalyst, BoxGroup, Lerer-Hippeau Ventures, Index Ventures, SV Angel, and Female Founders Fund.
Oct-28-2017, 20:39:53 GMT