PowerToFly operates an end-to-end diversity recruiting and retention platform that brings passive and active talent, community groups, and companies together. The platform lets users meet hiring managers, attend summits and events, watch thousands of upskilling videos, and network with peers free of charge. Led by cofounders Katharine Zaleski (Cofounder and President) and Milena Berry (Cofounder and CEO), the company focuses on empowering underrepresented talent across races, ages, ethnicities, sexual orientations, abilities, veteran statuses, and gender identities. PowerToFly reports that millions of diverse professionals visit the platform each year. The company raised over $30M in funding and plans to use proceeds to build a membership portal for HR and People Operations leaders with on-demand DEIB courses and anonymous comparative data insights. It will also use the funds to support continued growth of its existing products and free professional development courses. PowerToFly operates an online job-placement marketplace that helps experienced women find remote-friendly roles and builds a community to keep users engaged. Women can post profiles for free and companies can search candidates for free; PowerToFly is paid only when a woman is hired and it manages payments and contracts. The company launched in August 2014 and was founded by Katharine Zaleski and Milena Berry. It initially focused on tech but has expanded into writing and editorial, marketing and public relations, sales, and operations. As of the article, PowerToFly has processed about $2.5 million in pay, placed at least 54 women, and reports roughly 75% of placements are in tech with nearly 1,000 companies listing jobs on the site. The founders said they raised the new capital to accelerate growth after seeing strong demand from hiring managers for diverse candidate pipelines.

Total raised

$37M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2022