RiseSmart Secures $1.5 Million Seed Round
Dallas-Based Web Startup Bridges the Gap Between Traditional Job Boards
and the Personal Attention of a Career Coach
DALLAS (Business Wire EON/PRWEB ) March 4, 2008 --
RiseSmart, the human-powered job
search service for $100K+ earners, announced today that it has
secured a $1.5 million seed round of financing from angel investors,
including leading authorities in the human resources and recruitment
industry.
Bridging the gap between traditional job
boards and the personal attention of a career coach, RiseSmart –
a subscription-based service competing with
executive job sites such as TheLadders.com –
assigns each member a personal “Job Concierge”
who is responsible for matching member profiles with the most relevant job
listings returned through an intelligent automated search of its
million-job database.
The RiseSmart Concierge is the centerpiece of RiseSmart’s
strategy of building deeper customer relationships than other $100K+
job sites. Each RiseSmart Concierge is responsible for reviewing the
resumes and learning the job preferences of assigned members. Concierges
can modify future searches based on member feedback –
for example, screening out jobs from undesirable companies.
RiseSmart’s investors include Craig Stamm, the
former chief financial officer for CareerBuilder.com
and Headhunter.net; Mark Hamdan,
founder and chief executive officer of HRsmart, an Inc. 500 HR
technology company; and Louis Ramery, senior vice president of
relationship marketing at Sears Holdings Corporation.
“We’re very
pleased that HR and recruitment industry stalwarts have chosen to invest
in RiseSmart,” says Sanjay Sathe, RiseSmart
founder and chief executive officer. “They
believe, as we do, that RiseSmart will transform the way senior
professionals find jobs online.”
The company expects to seek its first institutional round of financing
this year.
About RiseSmart
Based in Dallas, RiseSmart is a human-powered
job search service that prescreens online search results for
time-starved managers and executives. The RiseSmart team matches
opportunities with jobseekers based on each member’s
unique profile, freeing senior-level professionals to focus on
networking or the demands of their current jobs. For more information,
visit the company’s Web site at www.RiseSmart.com
or its blog at www.RiseSmart.com/blog.
To view a demo, visit www.RiseSmart.com/demo.
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