# Careerminds Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/careerminds-group

- Industry: Internet
- Headquarters: Hockessin, US
- Website: www.careerminds.com
- Total disclosed funding: $2.6M
- Latest round: Series A (May 4, 2011)
- Investors on record: 5

## About

Careerminds Group, Inc. specializes in providing outplacement, executive coaching, and career development services to help organizations manage workforce transitions effectively and support displaced employees in their job search efforts.Founded in 2007, Careerminds Group, Inc. is based in Hockessin, US and offers tailored career transition services. The company raised USD 1.29 mn in Series A funding on May 4, 2011, led by Innovation Ventures with participation from ARC Angel Fund, Gabriel Venture Partners, and Trestle Capital Partners. Raymond Lee serves as both CEO and Founder, overseeing the firm's operations and strategic vision.Careerminds delivers comprehensive outplacement, executive coaching, and career development services aimed at assisting organizations during workforce changes. The firm focuses on aiding displaced employees in navigating the job market, thereby protecting employer brand during layoffs. Operating globally in over 100 countries and 80+ languages, their services cater to diverse clients, including multinational corporations and HR departments, ensuring personalized coaching aligned with client goals.Careerminds generates revenue primarily through B2B engagements, providing customized outplacement and coaching packages that often include unlimited coaching sessions. While specific pricing details are not disclosed, their offerings include flagship services like executive outplacement and leadership coaching, which are central to their revenue model. This focus on client satisfaction is evidenced by high engagement and success rates in job placements for transitioning employees.Following the Series A financing round of USD 1.29 mn on May 4, 2011, Careerminds Group, Inc. aims to enhance its service offerings and expand into new geographic markets. Plans include developing new products tailored to meet evolving client needs within the career transition space. The recent funding will support these initiatives, enabling the company to strengthen its presence in existing markets while exploring opportunities in emerging regions.

## Funding rounds

- Series A, May 4, 2011, $1.3M — Gabriel Venture Partners, Trestle Capital Partners, Innovation Ventures, ARC Angel Fund
- Series A, Sep 8, 2010, $0.8M — Innovation Ventures
- Series A, Aug 2, 2010, $0.5M — Gabriel Venture Partners, ARC Capital Partners

## Investors

- Gabriel Venture Partners (https://capitalatlas.ai/funds/gabriel-venture-partners) — Series A
- ARC Capital Partners (https://capitalatlas.ai/funds/arc-capital-partners) — Series A
- Innovation Ventures (https://capitalatlas.ai/funds/innovation-ventures) — Series A
- Trestle Capital Partners — Series A
- ARC Angel Fund — Series A