Jopwell, The Diversity Hiring Startup Just Received $7.5 Million In Funding

Their total funding is now up to $11.75 million!

There has always been an overwhelming, lack of diversity represented in the US labor force – especially in the Tech industry.

Don’t believe me? Check out some of these stats:

Adobe’s workforce is 69 percent white and Apple’s 56 percent. Google’s is at 59 percent. People of color are typically underrepresented in the tech industry (and as aforementioned, this is true in the US labor force as well).

For this reason, Porter Braswell and Ryan Williams left Goldman Sachs and created Jopwell to connect today’s top companies with talented diverse candidates from the most underrepresented minority groups. Since its origin, Jopwell has connected thousands of people of color to top companies like Lyft, American Express, Conde Nast, and Pinterest.

Porter Braswell and Ryan Williams pictured above

Jopwell itself is a very diverse company. It is predominantly female, and it’s largest percentage of employees are Black.

“We are definitely an incredibly diverse organization which is why we’re successful,” Braswell said. “We are a true case study of how building a diverse company allows you to scale and succeed.”

Since Jopwell launched, they have received support and funding from many organizations. Just recently, they secured $7.5 million in Series A funding, led by Cue Ball Capital, bringing its total funding up to $11.75 million. Along with Cue Ball Capital, Jopwell has also received funding from Magic Johnson Enterprises, Andreessen Horowitz, and Kapor Capital.

Now with their new round of funding, Jopwell will be able to scale and take on more clients – thus helping more people of color get connected with jobs. “Now that we’ve found success with that model, we know we can find success with smaller organizations of size and build out services that meet them where they are,” Braswell said.

Bravo Jopwell!!

 

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