|By Business Wire||
|January 13, 2014 07:31 AM EST||
Collegefeed today announced the launch of Collegefeed for Employers, a new product that enables companies to quickly discover, attract and connect with college talent. Collegefeed for Employers is designed to help the thousands of U.S. enterprises, startups, SMBs and venture capital firms looking to hire college talent. Whether you’re a recruiter at a large enterprise or CEO of a startup, simply choose what you’re looking for and receive curated feeds of matches in your inbox. Join the 500+ companies that have already signed up.
“Since launching last May we’ve talked to hundreds of employers, from the biggest brands to scrappy startups, and they all say the same thing – we need an easier way to find and attract millennial talent,” said Sanjeev Agrawal, CEO and co-founder of Collegefeed. “We know companies face different recruitment challenges based on things like size, location and rate of growth, so we’ve listened and worked together to create Collegefeed for Employers. Collegefeed offers specific tools and resources to best serve those diverse requirements. It’s the easiest way to reach tens of thousands of new graduates and grow brand awareness within college-age communities.”
Collegefeed is a social network with one goal – to help every college student and new grad get hired. Created by Google's former product marketing chief, Sanjeev Agrawal, in the past six months Collegefeed has seen hyper growth of its user base, with students from over 1,200 schools and hundreds of employers. Universities like Stanford are rolling out the platform to their students – and to every employer who recruits their students. Employers simply specify what they’re looking for. Collegefeed then culls through tens of thousands of users to find the most qualified applicants and sends a talent feed of high-quality, highly-relevant candidates to their inbox.
"Stanford is currently building a career services model that's about connections between students, alumni, employers and the university community,” said Farouk Dey, Stanford’s AVP and executive director of Career Services. “We have chosen to partner with Collegefeed because they offer the one product in today's market that gets this vision and truly optimizes students' branding and connections for a successful job search.”
How it Works: Enterprises
For large companies that hire new grads en masse, Collegefeed transforms what is currently a very time and labor-intensive process. Most rely on things like resume books and career fairs, but sorting through all those resumes to find just the right candidates is inefficient. Collegefeed does the work for you, culling through its online profiles to identify a specific set of candidates matching your exact needs. Instead of sifting through thousands of candidates, Collegefeed delivers the hundred candidates most relevant to you.
“eBay Inc. is a growing company with a goal of accelerating our innovation and extending our footprint as a global commerce leader," said Laura Chambers, head of university programs at eBay Inc. "We believe that our success is built by the brilliant minds and hard work of our employees – and that our future success will be built by the next generation of innovators and problem solvers. With tools like Collegefeed, we have the ability to quickly identify candidates who are looking for real-life post-graduation work experience and want to make a difference in the world and create more opportunity together.”
Also for large companies, it’s hard to attract the best and brightest college grads; most come out of college hoping to work for the same list of well-known brands. So finding a way to increase brand perception with this audience is critical. Collegefeed makes this process easy and nearly instant. On Collegefeed, large companies can create engaging, mobile-friendly brand pages, run contests, host virtual events and tell their story in a way that will make millennials stop and listen.
How It Works: VCs and their Startups
There are hundreds of U.S. venture capital firms, each with hundreds of their own portfolio companies, so their challenges are even more complex. With thousands of resumes coming in for jobs at those portfolio companies, there is no easy way to screen and funnel them to the right place. Collegefeed offers one platform that lets them brand, recruit and connect applicants across their entire portfolio of companies.
Palo Alto-based Accel Partners is an investor in Collegefeed and one of the first venture capital firms to create a partnership that will leverage the Collegefeed solution to help its portfolio companies quickly find and recruit top candidates.
“Sifting through the noise to find great new college hires and entry-level talent can be a key part of recruiting success for a fast growing startup,” said Peter Clarke, talent partner at Accel Partners. “The Collegefeed platform enables new grads to create relevant and comprehensive user profiles that can then be filtered by the employer to match their exact needs.”
How it Works: SMBs, Startups
SMBs and startups typically don’t have dedicated resources for recruiting college talent and their needs tend to be more specific. Plus, unless they’re a “hot startup,” attracting the best talent is an even bigger challenge. Collegefeed makes it easy for small and mid-sized companies to find talent across all schools nationwide, even if they can’t afford to recruit on campus. It enables them to be more competitive, by attracting the hottest talent using Collegefeed’s engaging, mobile-friendly brand pages.
"Collegefeed is a tremendous resource for SMB employers seeking relevant candidates with strong educational or professional backgrounds,” said Nicholas Brunner, national director of US Sports Camps. “US Sports Camps has already been presented with several outstanding applicants, which proved more efficient and effective than our traditional new-hire undertakings. We’ve been pleased with the process every step of the way and would highly recommend this service to any company who wants a competitive edge."
Pricing and Availability
Employers interested in signing up visit http://www.collegefeed.com/employers.
Students and job seekers can create a profile for free at www.collegefeed.com.
Collegefeed was started by a team of six ex-Google / Microsoft / McKinsey alumni who graduated from six schools with ten degrees between them. Headquartered in Mountain View, Calif, Collegefeed is funded by Accel Partners, S-Cubed Capital and other key Silicon Valley investors. More information about the company can be found at www.collegefeed.com. Employers, students, placement offices and other partners contact [email protected].
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