The company will be opening its largest clinic yet, in San Jose, sometime next monthRead more...
Collegefeed profiles will be folded into AfterCollege, a career network for college students
(Come mingle with hundreds of top venture capitalists representing $10B-plus in capital under management, including Khosla Ventures, Greylock and Javelin Venture Partners, and learn from founders/CEOs including Marco Zappacosta, Co-founder & CEO of Thumbtack and Adam Goldenberg, CEO of JustFab, Slava Rubin, Founder & CEO of Indiegogo, at Vator Splash Oakland on April 22nd and 23rd. Get your tickets here!)
I remember when I graduated college almost 8 years ago. I had huge dreams for what my future would look like. Then, when it came time to actually find a job, well, it wasn't as easy as I had expected. I kind of bounced from job to job for a few years, never making much, until I lucked into some decent work. But it was not easy.
I suspect that things are at least somewhat better for today's college students, with tools like personal career assistant Collegefeed to help them out. The company has been acquired by career networking company AfterCollege. No financial terms of the deal were disclosed.
Founded in November 2012, Collegefeed acted as a personal career assistant to help students, and new grads, land their dream jobs using its free online platform. Employers used Collegefeed to brand themselves more effectively to students and find the perfect candidate for entry-level positions.
Going forward, any student or graduate with a Collegefeed profile will automatically get an AfterCollege profile. Collegefeed student profiles will be folded into the AfterCollege talent network so that students will become discoverable by hundreds more employers.
Employers on the platform will also be transferred over to AfterCollege, giving them access to that company's network of university contacts.
The combination of AfterCollege's profiles, along with Collegefeed's career search and candidate feed tools, means that first-time jobseekers will have a more robust solution for finding a jobs, while also giving employers a new way to stand out from their competition.
"Unless you're Apple or Facebook, it's very hard to create brand awareness with millennial jobseekers – yet without employees with the latest skillsets to be competitive, half of new companies don't survive their fourth year," said Roberto Angulo, CEO and co-founder of AfterCollege, said in a statement. "With the current high-demand market, we're increasingly focused on supporting not just our core group of jobseekers, but also startups, mid-size and huge employers everywhere who are searching for them."
Foe Collegefeed, this means getting access to AfterCollege's massive scale.
Founded in 1999, AfterCollege is a career network for college students and recent graduates, connecting college students, alumni and employers through talent networks at colleges and professional organizations across the country.
It currently has 400,000 entry-level jobs and internships from over 25,000 employers, AfterCollege reaches more than 5,000,000 students each year, including 18,000 faculty, student group and administrative contacts at over 2,000 colleges and universities.
"Collegefeed has built a great set of student and employer facing tools which AfterCollege really liked. But building scale in a two-sides college recruiting marketplace is not easy and AfterCollege’s reach of over five million users has been built over a 15 year period; that was pretty attractive to us," Sanjeev Agrawal, CEO of Collegefeed, told me.
"With the tools we have in place and with AC’s scale, they are an ideal partner to help us scale quickly and get those tools out to many more students and employers faster. Our vision has always been to help as many students get connected to companies as fast as possible and this deal helps us accomplish that vision quicker."
Agrawal will be joining the advisory board at AfterCollege, while Collegefeed's senior product team members will be joining AfterCollege to help guide the integration process and lead future product development.
(Image source: collegefeed.com)
Read more from our "Trends and news" series
The company will use the new funding to continue to grow out its teamRead more...
The company will use the funding, in part, to expand to more cities over the next two yearsRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Collegefeed is a new social platform that acts like a personal career assistant to help students and new grads land their dream jobs. Employers use Collegefeed to brand themselves more effectively to students and find the perfect candidate for entry-level positions.
For a college student or new grad, getting that first job is as painful today as it was 20 years ago. Even despite all the changes in technology that *should* make it simpler, like social media, real-time technologies, crowd-sourcing, etc. Collegefeed brings together all the resources students need – whether that is online data or real-life networking – into one free platform. And since it’s a social media site, it’s delivered in a user-friendly way that the millennial generation is not only familiar with, but actually has come to expect.
Companies use Collegefeed to find the right candidates without spending the time and resources needed to canvass dozens of campuses. With Collegefeed, companies get a branded presence to help increase mindshare with students, to reach more campuses and showcase alumni, and to select specific students they want to interview or hire. Students have already made connections, secured interviews, jobs, internships and financial awards with companies like YouTube, eBay, Morgan Stanley, Microsoft, Saavn, Adroll and many more.