Startup Spotlight
Online bootcamps and learning programs are becoming a popular way for people to learn new skill sets that could jumpstart a career.
However, combing through the internet to find a program that meets your career objectives can be a challenge.
That's where Career Karma comes in. The website matches users with one of hundreds of tech bootcamps or training programs available on its marketplace – all for free. It earns a fee every time it successfully connects a student with a training program.
Now, the startup is setting its sights on new goals as it scales. In January, Career Karma raised $40 million in a series B round stacked with investors, including Google Ventures, SoftBank and Y Combinator. The company is partnering with businesses to match employees and contractors with job training programs that can help them advance to the next stage of their careers.
"Most people go to bootcamps focused on building a specific skill and holding themselves accountable to get a job, promotion or raise," CEO Ruben Harris said.
There's plenty of potential demand: As many as 375 million people worldwide will need to switch careers by 2030 as automation, artificial intelligence and digitization disrupt traditional jobs, according to the McKinsey Global Institute.
Get the full story at Miami Inno.