CareerPaths, a London-based career mentoring platform, has raised $248k (€232,000) in pre-seed funding from QVentures, a prominent venture capital firm, and a group of angel investors. With the recent financing, the company plans to expand its presence into new industries and geographical regions while enhancing its product offering.
Co-founders Guy Ellis and Saad Farooq in 2021, CareerPaths’s mission is to revolutionise career advice and promote social mobility within competitive industries worldwide. The platform adopts a structured mentorship approach, allowing experienced professionals to share their invaluable insights and experiences with mentees. By bridging the gap between seasoned industry veterans and aspiring professionals, it aspires to impact its users’ career trajectories positively. It also seeks to tackle the issue of limited access to career opportunities by democratising mentorship across various industries.
The startup strives to level the playing field and promote social mobility by facilitating connections between ambitious individuals and accomplished mentors. Its ultimate goal is to empower individuals to navigate competitive industries more effectively, enabling the achievement of their professional aspirations.
Commenting on the fundraising, Alex Cochand, Head of Origination, QVentures, said:
CareerPaths are addressing a massive problem for companies and applicants that all too often doors are closed to them without preferential access. This is the first company we have seen that directly confronts this global problem in a commercially viable way.
CareerPaths aims to accelerate the adoption of its innovative approach to career mentoring. By continuously refining and developing its services, the firm wants to be at the forefront of career development and support, catering to the evolving needs of professionals in competitive industries.