Built In, a platform connecting professionals with technology companies across the United States, announced that it has raised $22 million in Series C funding. Updata Partners led the round, with participation from existing investors including MATH Venture Partners, which led Built In’s previous two funding rounds. The company will use the funding to expand its national footprint, increase investments in its core product and further enhance opportunities for professional development in the technology industry.
Recruitment and Onboarding Tools – Usage Trends 2018-19
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“The market opportunity ahead of Built In is incredibly exciting, based in part on a set of favorable business and macroeconomic trends,” said Carter Griffin, General Partner, Updata, who will be joining Built In’s Board of Directors. “In addition to low unemployment and the continued growth of the tech sector, more companies than ever are undergoing digital transformations to stay competitive. Their success hinges on the extent to which they meaningfully engage with the tech community.”
“The digitally native generation in today’s workforce seeks collaborative, purpose-driven workplaces that value their talents,” said Maria Christopoulos Katris, Built In’s Co-founder and Chief Executive Officer. “We help them connect with their local tech communities, grow professionally and discover opportunities at companies they believe in. We couldn’t be more excited to partner with Updata to expand across the country and offer personalized experiences to help professionals excel in their careers.”
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Founded in 2011 in Chicago, Built In helps more than 1,800 customers — from fast-growing startups to Fortune 50 companies — connect with over 1 million technology professionals each month. Built In has revolutionized how talented people discover their professional purpose, how companies tell their stories and how communities connect over a shared passion for tech.
“When we first invested in Built In in 2015, they were a small team with a very big vision,” said Troy Henikoff, Managing Director of MATH Venture Partners. “It is rare to see a company thoughtfully transform and consistently deliver best-in-class KPIs and growth with so little outside capital. Maria and her team consistently deliver to their customers, users and investors, and I could not be prouder to partner with them on this journey.”
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