California-based employers-students networking platform, Collegefeed raises $1.8 million in seed funding from Accel Partners and others
Collegefeed.com, a social platform to connect college students and companies, has raised $1.8 million in seed funding from Accel Partners, Dinesh Katiyar, and a few US-based angel investors, including Mark Stevens, founder, S-Cubed Capital. According to media reports, the company will use investment to expand team size, employer network and for enhancing its backend services.
Collegefeed helps students demonstrate their skills, and offers a Facebook-sort newsfeed for keeping networking and job opportunities front and center. The startup allows job seekers to create their profile and connect them with potential employers, who are registered with the platform to find fresher candidates.Founded by Indian-origin entrepreneurs, Sanjeev Agarwal (ex Googler) and Aman Khanna, Collegefeed hosts networking events like online speaker series where students can listen to industry veterans sharing their experiences. Besides this, the startup also offers opportunity to win awards and show off their skills through employer’s sponsored challenges on the platform..
As of now Collegefeed is free for students; however, it charges a fixed fee to employers, and agency service fee, for hires made via its platform. The company has plans to expand in emerging markets like India, and launch new tools for students and employers in the international markets by October this year.