Jumpstart, the world’s first Diversity Recruitment Platform (DRP) with a mission to make the world more equitable, announced today that the company is rebranding as Canvas. The company also announced $20 million in new funding, led by Lachy Groom andSequoia Capital with participation from Four Rivers Capital.
“We have finally entered an era where companies are being held accountable for their promises of equity and hiring diverse talent,” said Ben Herman, CEO of Canvas. “Canvas is the only platform that helps CEOs and hiring managers to truly walk the walk on diversity, equity and inclusion. Hiring diverse teams is not only a matter of corporate social responsibility, diversity and inclusion are a competitive advantage and strategic priority for every company in today’s landscape. Companies that don’t have diverse talent pipelines will be discredited in the marketplace, overlooked by top talent, and be left behind by their competitors.”
Canvas intends to use the new funding to expand the platform into other industries and verticals beyond technology and address the recruiting process for later stages of people’s careers. The company currently has 70 employees and expects to have 100 by the end of 2021.
Announcement: Jumpstart Raises $20M for Diversity Recruitment Platform