Careerminds Group provides affordable online outplacement and career transition services to organizations that are downsizing or reorganizing, leveraging a Web 2.0 e-learning platform. The company is based in Hockessin, Delaware, and is led by CEO Raymond Lee. Its core product is a web-based career transition platform aimed at supporting employees through job search and transition processes. Careerminds closed a $1.285M venture capital financing to support growth. It intends to use the funds for sales and marketing development, technology and core-platform enhancements, and general working capital. Strategic investor Jack Gavin will serve as Chairman of the Board.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2011