# PowerToFly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/powertofly

- Industry: Internet
- Headquarters: New York, US
- Website: www.powertofly.com
- Total disclosed funding: $7.5M
- Latest round: Series B (Sep 19, 2022)
- Investors on record: 6

## About

PowerToFly Inc. is a career development platform that connects job seekers with companies focused on inclusivity and diversity, offering services such as virtual job fairs and expert-led upskilling sessions.Founded in 2014 in New York, US, PowerToFly Inc. connects diverse job seekers with companies emphasizing inclusivity. The company has closed 4 deals, with the latest funding round being a Series A in September 2022, raising USD 6.50 mn led by Crosslink Capital. The CEO is Milena She/Her, and the co-founders include Katharine Zaleski and Pahloo Sahil.PowerToFly operates as a comprehensive career development platform, primarily designed to connect job seekers with companies that prioritize inclusivity and diversity. The company offers a range of services including virtual job fairs, expert-led upskilling sessions, and a job board featuring remote, hybrid, and in-person roles across various industries. Their core offerings focus on facilitating meaningful interactions between job seekers and employers, allowing participants to learn directly from industry leaders and gain insights into company cultures. PowerToFly serves a diverse client base, including professionals across different career stages and sectors, particularly in technology, design, and digital marketing, and operates in markets such as North America and Europe.PowerToFly's revenue generation model is primarily based on event participation fees and partnerships with companies seeking to enhance their recruitment efforts. Transactions typically involve companies paying to participate in virtual job fairs or sponsoring events, which allows them to directly engage with potential candidates. In addition, PowerToFly may offer subscription services for ongoing access to its job board and career resources. While specific pricing plans are not publicly disclosed, the company’s offerings are tailored to cater to both individual job seekers and corporate clients, ensuring a structured approach to recruitment and talent acquisition. The company's flagship products include its virtual job fairs and upskilling sessions, which are integral to its business model in promoting career advancement and employer visibility.PowerToFly Inc. is poised for future growth through the launch of a new membership portal for HR and people operations leaders and the development of existing products and services, including free professional development courses. The company plans to expand its footprint in North America and Europe by leveraging recent funding of USD 6.50 mn raised in September 2022. The funding will support these initiatives and enhance engagement with their client base.

## Funding rounds

- Series B, Sep 19, 2022 — Morgan Stanley Investment Management, Morgan Stanley Expansion Capital, Chartline Capital Partners
- Series A, Jun 30, 2015, $6.5M — Crosslink Capital, Lerer Hippeau Ventures, Hearst Ventures
- Seed, Jul 1, 2014, $1M — Lerer Hippeau Ventures

## Investors

- Lerer Hippeau Ventures — Seed, Series A
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Series A
- Morgan Stanley Investment Management — Series B
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series B
- Chartline Capital Partners (https://capitalatlas.ai/funds/chartline-capital-partners) — Series B