SkillPointe has secured $2.3 million in Series B-3 financing, which it will use to grow its network of educational institutions, increase headcount, and step up marketing to jobseekers.
Atlanta-based SkillPointe lists more than 350,000 jobs across the United States in construction, healthcare, IT, energy, manufacturing, and other essential areas.
The company offers related services including job news and advice, self-assessment tools, access to over 50,000 training programs, with details sourced from local colleges and technical schools, and scholarship funding.
It provides career profiles with details about the job, required training, and companies hiring for the position. Its “opportunity meter” also ranks each career by salary, job availability, projected growth, and time taken to train and get started.
“SkillPointe is a one-stop shop where jobseekers can pick their career path, find the necessary training, and connect with employers in their local market with specific demand for those relevant skills. With this additional funding, we can expand our network on all fronts,” said founder and managing partner Todd Wilson.
He added that the platform met the needs of employers wishing to fill skilled trade jobs that do not require workers to have a four-year degree, and candidates in search of such positions.
“There is a huge unmet need for skilled trades in the U.S. and no convenient platform to provide information on what those jobs are, how to receive training and certification, and find employment,” said Keith Style, managing director of The Presidio Group, the investment bank that acted as exclusive financial advisor to SkillPointe.
“This need exists in the automotive industry, where we have our roots, and across many other industries. The investors in SkillPointe saw its potential for enormous growth.”