InternMatch raises $4M to connect college kids with hot employers

intermatch11The market for talent continues to heat up, which means it is more important than ever for big and small companies alike to try to track down the sharpest college kids around. Enter InternMatch, a three-year-old startup that got its start in Seattle but now calls the San Francisco Bay Area home.

The company, which today is announcing $4 million in fresh funding, helps companies like Yahoo, Facebook, NetApp and others track down interns and recent college grads for entry-level positions. (Google also has used the tool, though presumably not for the jokers in the recent movie “The Internship.”)

InternMatch has a growing audience of employers and job seekers, with about 150,000 applications per month flowing through the marketplace. And companies are using the tool to track down qualified interns, including NetApp which used the service to bring on board more than a dozen interns in the past six months. Founded by Andrew Maguire and Nathan Parcells, InternMatch charges $99 to post intern listings, and $199 for entry-level job postings. Both are for a 60-day period.

There’s no shortage of places for employers to track down candidates, including LinkedIn, Indeed and traditional job fairs. But Parcells says that InternMatch is different for a number of reasons, including its focus on discovery and design. It also has relationships with more than 850 universities.

“Our user experience is loved by students, universities and employers alike,” says Parcells.  “Companies can easily browse resources ranging from how to build a diverse candidate pool to sample internship and job templates.  Students can search internships and jobs, apply and save roles all without registering.”

The company also is working on its “discovery” engine and “recommendation tools,” technologies that will help students discover new internships and jobs that align with their interests and help employers scan a database of potential candidates that match characteristics of previous hires.

Investors in the most recent round include Artis Ventures; Subtraction Capital; 500 Startups; Kapor Capital; and Seattle angel investor Rudy Gadre. The deal follows a $1.2 million bridge round earlier this year. As part of the recent funding, former Coupons.com CMO Paul Willard is joining the board.

InternMatch employs seven people, plus a bunch of interns.

  • http://www.oncontracting.com/ OnContracting

    Awesome news. Congrats Andrew and the rest of team
    - Pradeep

    • Nathan

      Thanks!