Organization Name: Career Karma

Focus Area: Adult Learners
Region: United States
Sector: For-Profit
Investment Year: 2020
Career Karma is a career navigation platform that matches individuals with technology bootcamp programs such as software engineering and data analytics, and connects these individuals to a community of peers, mentors and coaches. The company aims to open up technology roles to underrepresented communities and adult learners, with women representing over 40% of users and 60% of users ages 25-44. In the future, Career Karma hopes to expand beyond tech and digital careers, and to become the one trusted source for career advice across all fields and industries.

Why We Invested

Historically, social capital has played a critical role in career navigation and connecting workers to new roles, with at least 70% of jobs not officially published and up to 85% of all jobs filled through networking. This pressing need has only been worsened by the COVID-19 pandemic, which has left more than 40 million Americans unemployed. This problem is particularly acute for student parents, whose ability to find fulfilling and sustainable careers, impacts not only them, but also their children. Career Karma helps learners access middle-to-high skill tech jobs, many of whom are women, students of color and student parents. We believe there is an opportunity for innovators, like Career Karma, to shift how networks are built and who has the opportunity to access these networks and for career navigation tools to democratize information for job seekers.

Our goal is to help a billion people in 10 years or less The reason we are a social enterprise is because we have a scalable solution to arguably the largest economic issue of our time — which is preparing workers for the 4th Industrial Revolution.
Ruben Harris, Founder and CEO, Career Karma