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The Venture Codex

Placement

440 N Barranca Ave #1890, Covina, CA, 91723, United States

Overview

Placement operates as a talent agent for non‑engineer business professionals, running job searches, interview prep, negotiation coaching and relocation support in exchange for 10% of a client’s income for 18–36 months. The startup offers a $5,000 relocation stipend that extends repayment to 36 months, includes caps on total repayment, and dissolves agreements after five years. It focuses on matching workers to cities where their skills command higher cost‑of‑living‑adjusted pay, and selectively accepts clients who are undervalued in their current markets. Placement has worked with fewer than 1,000 clients to date and says it is growing quickly, but the team is currently small (four, expanding to seven). With seed funding, the company plans to build out software tools to automate marketing, screening and client enablement while preserving a human‑led service. Leadership sees potential to later expand into programmers and designers but is concentrating initially on business roles and domestic hires.

Total raised
$3M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2019

Industries

  • Career Planning
  • Human Resources
  • Information Technology
  • Software
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Recent funding

  1. Seed

    Nov 2019

    $3M

Team