CareerArc

Los Angeles, United States Founded: 2009 • Age: 17 yrs
Social job posting solutions for applicant tracking are provided.

About CareerArc

CareerArc is a company based in Los Angeles (United States) founded in 2009.. CareerArc has raised $30 million across 1 funding round from investors including PeakEquity Partners. CareerArc has completed 2 acquisitions, including Lumina and TweetMyJobs. CareerArc offers products and services including HireSocial Platform and Job Maps. CareerArc operates in a competitive market with competitors including VONQ, 1000jobboersen, Lumina, Social Recruiting and Garbs, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Careerarc Group Llc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Dec 01, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Lumina

    & 1 more

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Products & Services of CareerArc

CareerArc offers a comprehensive portfolio of products and services, including HireSocial Platform and Job Maps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates social media recruitment to connect employers with jobseekers

Tool for mapping and enhancing job visibility to attract talent

People of CareerArc
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Jim Bramante
Chairman & CEO
People
Debora Roland
VP of People Operations
People
Kevin Lewis
Director of Client Success
People
Bonnie Burke Ray
VP of Finance & Accounting

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Funding Insights of CareerArc

CareerArc has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series B — $30.0M
  • First Round

    (01 Dec 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Series B - CareerArc Valuation PeakEquity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CareerArc

CareerArc has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PeakEquity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Software investments are managed to build market-leading companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CareerArc

CareerArc has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lumina and TweetMyJobs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Enterprise recruitment is facilitated by Lumina's ATS platform.
2019
Job seekers are matched with employers through social media integration.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CareerArc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Careerarc Comparisons

Employees
+
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Competitors of CareerArc

CareerArc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VONQ, 1000jobboersen, Lumina, Social Recruiting and Garbs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online recruitment platforms and marketing advice are provided for enterprises.
domain founded_year HQ Location
Job ad media planning service
domain founded_year HQ Location
Enterprise recruitment is facilitated by Lumina's ATS platform.
domain founded_year HQ Location
A recruiting platform that utilizes social media for content and talent acquisition.
domain founded_year HQ Location
Social recruiting services are offered for Facebook users in Japan.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Careerarc

Frequently Asked Questions about CareerArc

When was CareerArc founded?

CareerArc was founded in 2009 and raised its 1st funding round 9 years after it was founded.

Where is CareerArc located?

CareerArc is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is CareerArc a funded company?

CareerArc is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Dec 01, 2018.

What does CareerArc do?

CareerArc was founded in 2009 in Los Angeles, United States, within the human resources technology sector. Social recruiting solutions are offered to support applicant tracking. Candidates are engaged via Twitter and employer Facebook pages. Images and videos are incorporated into job postings on multiple social media platforms. Performance of job postings and social campaigns is monitored through integrated tools.

Who are the top competitors of CareerArc?

CareerArc's top competitors include VONQ, Lumina and 1000jobboersen.

What products or services does CareerArc offer?

CareerArc offers HireSocial Platform and Job Maps.

How many acquisitions has CareerArc made?

CareerArc has made 2 acquisitions, including Lumina, and TweetMyJobs.

Who are CareerArc's investors?

CareerArc has 1 investor. Key investors include PeakEquity Partners.

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