Image Source Simplify

University Dropouts Secured $1.2M To Help College Students Find Jobs Easier

By AHN Staff Writer

June 17, 2022

Millions of college students struggle to land their first job, and companies struggle to recruit the right junior candidate, and that is what the start-up, Simplify, wants to fix seamlessly find the right roles for job seekers to learn and grow.

The San Francisco-based startup was co-founded by Stanford and Berkeley dropouts Michael Yan, Ethan Horoschak, and Rushil Srivastava. They have secured $1.2M in a pre-seed round headed by Soma Capital, with participation from angel investors such as Honey CEO George Ruan, LinkedIn, Meta, Handshake, and others.

Aneel Ranadive, General Partner of Soma Capital, said that they are excited by the product that the founders have built-in an industry that has historically ignored candidate experiences, and how they’re helping companies make hires in today’s market.

“We’ve seen huge increases in applicant pools with fewer geographic barriers across the board, inherently making jobs more selective,” Michael Yan told Forbes, “As a result of these market dynamics, candidates are often left applying to over 50 roles in hopes of landing just one offer.”

Applicants get job matches based on their background and interests by taking a quiz using the platform. They could also send multiple applications to different companies, with Simplify’s autofill job applications in just a single click. Ultimately, applicants can track their submitted applications on their personal dashboards.

As of this writing, more than half a million applications have been submitted through Simplify.