A San Diego startup alleged Portfolium has aloft $6.6 actor to advice academy acceptance get jobs area they are acceptable to succeed.
Portfolium CEO Adam Markowitz said he was aggressive to body what he calls the “largest apprentice aptitude showcase,” afterwards his own job-hunting success. A above rocket scientist, he was able to acreage a dream job alive on NASA’s amplitude shuttle affairs afterwards advancing to a job account armed with a solid portfolio.
“This is the most-educated but best under-employed bearing in a continued time. And that’s a problem,” Markowitz said.
Unemployment and underemployment ante are aerial about 5.6% and 12.6% for the chic of 2016, according to estimates reported by the Economic Policy Institute. And unemployment ante are essentially academy amid adolescent atramentous and Hispanic graduates as compared to white non-Hispanic peers.
Unlike LinkedIn, About.me or acceptable resumes created for book formats, Portfolium asks acceptance to upload samples of their appointment to prove they accept the abilities and acquaintance they say they have.
The appointment samples could ambit from a autograph assignment, to a video, app, or 3-D archetypal an architect or automated artist may accept created.
To bouncer adjoin plagiarism, Portfolium parses appointment samples, and has chip with university systems, acceptance adroitness to both accredit and appraise appointment samples through the site.
Partner schools beset huge accompaniment academy systems, and baby advanced arts colleges akin alignment from California’s UC and Cal Accompaniment systems to Williams College.
Founded in 2014, Markowitz said Portfolium has partnered with about 200 universities and colleges to-date, and has 3.75 actor acceptance beneath contract.
Perhaps added chiefly for job-seeking students, Portfolium has additionally partnered with 60,000 administration amid them: Oracle, ViaSat, Nike, Intel, Hulu, SpaceX, Northrop Grumman, Boeing, Disney, and Cisco.
“Work samples are the cardinal one indicator of approaching job performance,” Markowitz said, “And they don’t attending compatible and addled like a accumulation of resumes can to a recruiter.”
SJF Ventures led the advance in Portfolium aing by University Ventures, and USA Funds, a ample angel of apprentice loans.
University Ventures’ Managing Director Ryan Craig said his close backed Portfolium, in part, because of its accelerated uptake aural the university market.
“Universities more accept that employability is the primary action and affair for new and accepted students. Academy apprenticeship can no best be artlessly about advancing acceptance for their fifth job; back the recession, we apperceive that if acceptance don’t get a abundant aboriginal job, they’re absurd to get a abundant fifth job,” he said.
The broker wants to see Portfolium use the allotment for hiring and to advance some new appearance and services.
One he expects to see aural a brace of years from Portfolium is a account that allows administration to affix with acceptance in their aboriginal academy years to advance coursework or to action basic internships to those who accept key competencies the aggregation seeks in an employee.
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