How Much Did PowerToFly Raise?
Funding & Key Investors

PowerToFly has successfully secured a significant capital injection, bringing its cumulative financing to $30M. This latest round, characterized by a $30M strategic investment, underscores the company's pivotal role in the evolving landscape of talent acquisition and workforce development. By prioritizing the connection of underrepresented professionals with high-growth sectors, PowerToFly continues to solidify its market presence as a critical infrastructure provider for inclusive hiring practices.

The recent influx of capital serves as a testament to the firm's operational maturity and its ability to scale solutions that address systemic barriers in the labor market. As the organization transitions into this next phase of expansion, the backing from institutional heavyweights signals strong confidence in its long-term viability and its mission to drive economic equity through technology-enabled talent matching.

What is PowerToFly?

PowerToFly
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2014 by Milena Berry and Katharine Zaleski, PowerToFly operates at the intersection of human resources technology and social impact. The platform functions as a specialized marketplace designed to fast-track economic equity by upskilling and connecting underrepresented talent—spanning diverse races, ages, ethnicities, sexual orientations, abilities, and veteran statuses—to roles in highly visible, competitive industries. By providing a comprehensive ecosystem for both job seekers and enterprise employers, PowerToFly effectively bridges the gap between corporate diversity mandates and the actualization of inclusive hiring strategies. Its market position is defined by a dual-sided value proposition: offering candidates access to career-advancing opportunities while providing organizations with the tools necessary to build more representative and high-performing teams.

How much funding has PowerToFly raised?

PowerToFly has raised a total of $30M across 1 funding round:

2022

Unspecified

$30M

Unspecified (2022): $30M with participation from Chartline Ventures, Morgan Stanley, and Grasshopper Bank

Key Investors in PowerToFly

Chartline Ventures

A venture capital firm focused on supporting high-growth companies with strategic capital and operational guidance.

Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services.

Grasshopper Bank

Grasshopper is a client-first digital bank serving small businesses, startups, and the investors supporting them across the innovation economy.

What's next for PowerToFly?

With this major strategic investment, PowerToFly is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise sector. The company is expected to leverage these resources to enhance its proprietary matching algorithms and expand its upskilling initiatives, ensuring that its talent pool remains competitive in an increasingly digital-first economy. Strategic priorities likely include scaling its global footprint and refining its data-driven insights to help corporate partners measure the efficacy of their diversity initiatives. As the demand for equitable hiring practices continues to rise, PowerToFly's ability to provide scalable, measurable solutions will be instrumental in maintaining its competitive advantage and driving sustainable growth in the human capital management space.

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Frequently Asked Questions Regarding PowerToFly Financial Insights

What are the most recent funding rounds that PowerToFly has completed, and what were the funding rounds?
PowerToFly has recently completed 1 funding rounds: Unspecified on Sep 19, 2022.
What is the total amount of funding PowerToFly has raised to date?
PowerToFly has raised a total of $30M in funding to date.
How many funding rounds has PowerToFly completed?
PowerToFly has completed 1 funding rounds.
How much funding did PowerToFly raise in its most recent funding round?
PowerToFly raised $30M in its most recent funding round.
Who are the lead investors in PowerToFly's latest funding round?
The lead investor in PowerToFly's latest funding round was Chartline Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PowerToFly's history?
The largest funding round in PowerToFly's history was $30M.
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