Total amount raised
Latest funding date
Location
WayUp is a platform designed to help college students and recent graduates find internships and entry-level jobs, offering features like profile creation, job recommendations, and virtual info sessions for employers.
Keep reading to explore the intricacies of WayUp's fundraising journey and the investors backing this innovative platform.
What Is WayUp?
WayUp operates in the recruitment and job placement industry, focusing on helping college students and recent graduates find internships and entry-level jobs. The platform simplifies the job application process by connecting users with top employers and offering personalized job recommendations.
Founded to reduce the stress of job hunting, WayUp provides a streamlined process for creating profiles, matching with job opportunities, and applying for positions. Employers can also host virtual info sessions to connect with qualified candidates, making it a comprehensive tool for both job seekers and employers.
How Much Funding Has WayUp Raised?
- Seed Round
- Amount Raised: $1.2 million
- Date: July 2014
- Lead Investors: Lerer Hippeau Ventures, BoxGroup
- Series A
- Amount Raised: $7.8 million
- Date: June 2015
- Lead Investors: General Catalyst, BoxGroup
- Series B
- Amount Raised: $18.5 million
- Date: April 2017
- Lead Investors: Trinity Ventures, General Catalyst
- Series C
- Amount Raised: $31 million
- Date: October 2019
- Lead Investors: Sapphire Ventures, General Catalyst
WayUp has raised a total of $58.5 million in funding.
Key Investors
- Lerer Hippeau Ventures
- Details: Lerer Hippeau Ventures is a New York-based venture capital firm that invests in early-stage companies. They have a strong presence in the tech and media sectors.
- Investment Focus Areas: Technology, media, consumer products, healthcare
- Notable Investments: BuzzFeed, Warby Parker, Glossier
- BoxGroup
- Details: BoxGroup is an early-stage investment fund based in New York City. They focus on seed-stage investments and have a diverse portfolio.
- Investment Focus Areas: Technology, consumer products, healthcare, fintech
- Notable Investments: Blue Apron, Flatiron Health, Oscar Health
- General Catalyst
- Details: General Catalyst is a venture capital firm that partners with founders from seed to growth stage. They have a global presence and a diverse investment portfolio.
- Investment Focus Areas: Technology, healthcare, consumer products, fintech, enterprise
- Notable Investments: Airbnb, Stripe, Snap
- Trinity Ventures
- Details: Trinity Ventures is a venture capital firm that invests in early-stage technology companies. They are known for their hands-on approach and long-term partnerships.
- Investment Focus Areas: Technology, consumer products, enterprise, fintech
- Notable Investments: Starbucks, New Relic, Care.com
- Sapphire Ventures
- Details: Sapphire Ventures is a venture capital firm that invests in growth-stage technology companies. They have a global investment strategy and a strong track record.
- Investment Focus Areas: Technology, enterprise, fintech, healthcare
- Notable Investments: LinkedIn, Box, Square
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