
Careerminds Group
Careerminds provides innovative on-demand technology to deliver the most affordable and effective career transition services.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
$1.3m | Early VC | ||
Total Funding | 000k |
USD | 2017 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
Related Content
Careerminds is a global outplacement and career transition company that was founded by Raymond Lee in 2008. The company provides contemporary outplacement services to organizations of all sizes, assisting them in managing their workforce transitions smoothly. The firm's business model revolves around offering tailored career transition solutions that combine technology with personalized coaching to support departing employees. This includes services like one-on-one coaching, resume and cover letter writing, LinkedIn profile optimization, and job search strategies. Careerminds serves a diverse client base, ranging from small businesses to large enterprises across various industries, helping them protect their employer brand and reduce litigation risks associated with layoffs.
The company's proprietary platform is a key feature, offering 24/7 access to resources and a unique approach that pairs individuals with a dedicated consultant until they are successfully placed in a new role. This contrasts with traditional models that often limit the duration of support. Careerminds' services are delivered virtually, allowing them to support a global clientele effectively. The company's revenue is generated by charging corporate clients for these outplacement packages for their affected employees. Significant milestones include its acquisition by Thrive, a portfolio company of private equity firm CIP Capital, which has likely expanded its resources and market reach.
Keywords: outplacement, career transition, career management, HR technology, employee offboarding, career coaching, job placement, workforce transition, talent mobility, employer branding
Tech stack
Investments by Careerminds Group
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