Campus Jobs snags $965K


Campus Job has received $965,000 in seed funding in a round led by Box Group. Other investors included Lerer Ventures, Kal Vepuri, F Cubed and Red Sea. Based in New York, Campus Job is an online marketplace for businesses to find and hire college students for part-­time jobs during the school year.

PRESS RELEASE

NEW YORK, September 18, 2014 — Today, Campus Job announced its official launch and raise of $965K in seed funding, led by Box Group. Lerer Ventures, Kal Vepuri, F Cubed and Red Sea also participated in the seed round, among others. Campus Job is a new online marketplace for businesses to find and hire college students for part-­time jobs during the school year. Former Google Product Marketing Manager Liz Wessel, 24, and McKinsey Associate Consultant J.J. Fliegelman, 25, co-founded the company earlier this year

“We created Campus Job as an affordable, streamlined solution for businesses looking to break into the college demographic” said co-founder and CEO Liz Wessel. “Companies have a huge amount of trouble capturing the attention of students, while students want to find work experience during college to prepare them for the real world. Campus Job is our solution to both these problems. As a result, we’re already seeing businesses — including our own — hiring more students than they would have otherwise. Our team alone has hired a social media manager, a team of fill students to produce our video and hundreds of campus reps throughout the country through our own platform!”

Campus Job is 100% free for students. Businesses can also register, post job listings and search the Campus Job student database for free. Once businesses are happy with applicants they’ve received, they must pay a one-time $24 fee per school (per job listing) to unlock students’ contact information. Since launching a beta version of Campus Job in mid-August, they’ve seen an overwhelming demand for the service. The site is setup at more than 7K post-secondary schools nationwide, with students already registered at nearly 500 U.S. campuses, ranging from Harvard to local community colleges. Thousands of new students are signing up each week. As a result, the site already boasts an impressive active user base, encompassing all eight Ivy League colleges, the top 25 business and engineering schools in the U.S., and dozens of technical colleges and art schools nationwide.

In less than three weeks, businesses have also posted more than 2,000 part-time jobs listings, with more than 1,000 new listings added each week. The site includes listings for everything from tutoring, to event staff and college reps. The founders also want the site to be a resource for high quality, part-time jobs students want but frequently have a hard time finding. Among job postings to date: campus brand managers for Uber, Lyft and T-Mobile, Wings team members for Red Bull, freelance writers for TheDishh, graphic designers for Metaio augmented reality and student marketing ambassadors for the New York Times. Some businesses are already finding near instant success hiring, such as a new mobile gaming app that posted listings for local brand reps to help market their game. They received more than 50 applicants across 22 campuses for the program in just two weeks.

High conversion rates are one reason the site, revenue-positive since day one, has had such traction since launching in beta. One-third of all users visit the site multiple times per week, and the site’s low bounce rate of just 4%, a markedly better figure than even the standard healthy range of 20-40%, is something the team believes speaks to how in-demand their service is. The co-founders plan to use funding from this seed investment to further scale the company, focusing on registering more students and businesses and growing their team with a few strategic hires.

“We plan for Campus Job to be the number one resource for connecting students and businesses,” said said Campus Job co-founder and CTO, J.J. Fliegelman. “We’re excited and certainly enjoying this initial burst of growth, but we’re primarily focused on laying a strong foundation to support the steady and rapid growth trajectory we expect.”

About Campus Job
Founded in 2014, Campus Job is an online marketplace for businesses to hire college students for part-­time jobs during the school year. Headquartered in New York, the company was co-founded by Liz Wessel, CEO and J.J. Fliegelman, CTO. The company has received $965K in seed funding to date, led by Box Group.