How Much Did WayUp Raise? Funding & Key Investors

Date

Total amount raised

$37.3 Million

Latest funding date

2018-10-28

Location

Title

LINKEDIN

Status
Verified
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WayUp is a platform designed to help college students and recent graduates find internships and entry-level jobs. Users can create a profile to showcase their skills and get discovered by top employers.

The platform offers job recommendations based on the user's profile and interests, and provides resources and tips to help with the job search process. Keep reading to explore the intricacies of WayUp's fundraising journey and the investors backing this innovative platform.

What Is WayUp?

WayUp is a recruitment platform that helps college students and recent graduates find internships and entry-level jobs. It offers a user-friendly interface where candidates can create profiles, receive job recommendations, and apply for positions.

Operating in the recruitment and job placement industry, WayUp connects job seekers with employers, simplifying the job application process. Employers can also use the platform to find qualified candidates through virtual info sessions.

WayUp aims to make the job search process less stressful and more efficient for young job seekers, providing a seamless experience from profile creation to job application.

How Much Funding Has WayUp Raised?

  1. Seed Round
    • Amount Raised: USD 968,000
    • Date: September 2014
  2. Series A
    • Amount Raised: USD 7,800,000
    • Date: April 2015
    • Lead Investors: General Catalyst
  3. Series B
    • Amount Raised: USD 18,500,000
    • Date: March 2017
    • Lead Investors: Trinity Ventures
  4. Private Equity
    • Amount Raised: USD 10,000,000
    • Date: October 2018

In total, WayUp has raised USD 37,268,000 across all funding rounds.

Key Investors

  • General Catalyst
    • Details: General Catalyst is a venture capital firm that invests in early-stage and growth-stage companies. They focus on partnering with founders to build innovative and enduring businesses.
    • Investment Focus Areas: Technology, healthcare, consumer products
    • Notable Investments: Airbnb, Stripe, Snap
  • Trinity Ventures
    • Details: Trinity Ventures is a venture capital firm that partners with early-stage companies to help them grow. They have a strong focus on building long-term relationships with entrepreneurs.
    • Investment Focus Areas: Software, consumer services, digital media
    • Notable Investments: Starbucks, New Relic, Zulily

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