GetMyFirstJob bags £1m to connect young people to apprenticeships
Start-up which looks to put an end to youth unemployment has secured investment from Nesta Impact Investments and the City & Guilds Group
GetMyFirstJob, an early-stage education technology (edtech) start-up, has closed £1m investment from Nesta Impact Investments and City & Guilds Group.
Launched in 2012, London-based GetMyFirstJob offers a web service which matches young people to relevant apprenticeships based on their skillset and needs. It works with over 150 colleges, employers and providers across the UK.
The start-up has attracted over 250,000 candidates to date and says it now processes around 30,000 applications every month.
It will use this latest funding, which follows a £500,000 investment round in January 2015, to “accelerate expansion further” – the start-up said it achieved 500% growth on the back of its last funding round.
David Allison, managing director of GetMyFirstJob, said of the news:
“We are delighted to be working with Nesta Impact Investments and the City & Guilds Group as we embark on the next phase of growth for GetMyFirstJob. I am confident that this new investment will […] help us provide even more solutions to our ever-growing base of candidates, employers, providers and colleges.”
“With the new Apprenticeship Levy coming into effect, it is clear that employers are demanding increasingly high levels of service in helping to identify the right candidates for their businesses.”
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Nesta Impact Investments investment manager, Isabel Newman, continued:
“The investment will enable the company to provide quality careers advice and recruitment support to tens of thousands more young people making the transition from school into further education and employment.”