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👊🏽 Special Edition: Ganas and I invested in Careerflow.ai!
This is a special edition of Lolita's Newsletter, monthly newsletter of curated actionable insights and resources for 20,000 underestimated founders, funders, and friends.
Hi all! I’m so excited to share with you that Ganas Ventures and I joined the Careerflow.ai family, and so can you!
🏃🏽♀️💨 Catch up.
Last March, we launched Ganas Ventures. Since then, we invested in Latitud’s seed round, co-led by a16z/NFX, Around’s seed round led by Leap Global Partners, Shappi’s seed round led by Sixers Innovation Lab, Leadsales’s pre-seed round led by Ulu Ventures, Masa’s seed alongside DCG, Storybook’s seed round alongside Magma Partners, Ask Alex’s pre-seed round led by Village Global, Distribute’s pre-seed round led by LiveOak Venture Partners, Papaya’s pre-seed round led by Chingona Ventures, Chptr’s seed round led by Grit Capital Partners, The Swarm’s seed round led by 500 Global, and others we’ll be announcing soon. We’ve raised capital from unicorn founders and LP/VC thought leaders, and Ganas and I were featured on the Nasdaq Tower for our leadership in equity within the startup-VC ecosystem! Now, we’re excited to announce our latest investment into Careerflow.ai!
Ganas Ventures and I have invested in Careerflow.ai, alongside pre-seed round co-investors Techstars, Oasis Ventures, Rise Ventures, and participating investment from the Greylock Scout Fund. Their mentors and advisors include tech savants like Prady Misra, former Microsoft General Manager, Aarthi Ramamurthy, YC-backed founder and former Meta Communities Product Director, and Collin Wallace, a 3x founder with successful exits.
🦄 👊🏽 Careerflow.ai investment TL;DR
There’s a lot to love about Careerflow.ai. They are…
Tech x Visionary Team: AI/ML experts pioneering the AI Career Copilot
Growing Market: Targeting a $60B market with 1.2B information workers
Strong Traction: 20% MRR growth, $38.5K revenue, >1,200 subscribers
Community Catalyst: 200K+ community, reshaping career navigation
Careerflow.ai. Careerflow.ai is at the forefront of revolutionizing career development with the power of artificial intelligence. The platform serves as an AI copilot, delivering personalized guidance, coaching, and resources to both individuals and career-focused organizations throughout every phase of their professional journey. The traditional barriers to accessing high-quality career guidance are being shattered as Careerflow.ai provides a comprehensive solution available to the masses. With a combination of web applications and browser extensions, the platform seamlessly integrates with over 50 career websites, offering contextual actions, insightful guidance, and tailored recommendations. This ensures that career development is no longer a privilege of the few but a valuable resource accessible to all.
Team. The Careerflow.ai team is a powerhouse of talent and dedication to the Future of Work. Puneet Kohli, the CEO, brings a decade of experience in consumer tech, specializing in Engineering, AI/ML, and gamified product development. With past roles as a Senior ML Engineer at Apple on hand tracking projects, as well as stints at Amazon and DE Shaw, Puneet's visionary leadership and track record of scaling AI products to millions of users make him a natural entrepreneur. He started as a teenage entrepreneur with over 1 million app installs and has won multiple technology awards. Nikita, the COO, is a seasoned tech recruiter with experience at Uber and AWS. She is also a career influencer with 250K+ social media followers. Her journey from an immigrant without career guidance to a career influencer and coach fuels her passion for helping others. With expertise in marketing, recruitment, and coaching, Nikita is the driving force behind the team's vision of a billion-dollar company. Their shared vision and trustful working relationship, forged through a coding bootcamp, are the foundations of Careerflow.ai's success.
Market. Careerflow.ai is poised to transform the future of work by targeting the vast global "information worker" economy, which comprises an astonishing 1.2 billion individuals. This ambitious endeavor unfolds within a substantial Total Addressable Market of $60 billion, with an initial focus on US white-collar professionals, representing a Serviceable Addressable Market of $3 billion. The company's potential for exponential growth within this ever-evolving landscape of information workers is truly limitless.
Traction. Careerflow.ai has demonstrated impressive traction, boasting a remarkable 20% month-over-month growth in Monthly Recurring Revenue (MRR) and achieving a substantial gross revenue of $38.5K. Since October 15th, they have successfully attracted over 1,200 active subscribers, underscoring the robust demand for their offerings. Their user base continues to expand rapidly, with a weekly growth rate of 10%, now exceeding 275K users, while monthly paying subscribers have more than doubled, surpassing 1,200. Additionally, with an engaged social media community boasting +200K members and an impressive Product Hunt ranking as the #3 "Product of the Day," Careerflow.ai is undeniably on a swift path to success.
Catalyzing the Future of Work in Community. Careerflow.ai is at the forefront of catalyzing the future of work by harnessing the power of community. With an impressive +200K member-strong community and innovative AI-driven career guidance platform, they are reshaping the way individuals navigate their careers. By fostering partnerships with workforce development agencies, universities, government entities, and employers, Careerflow.ai is seamlessly integrating into the evolving landscape of work and education.
Roadmap. Careerflow.ai's roadmap is an ambitious journey towards becoming the world's AI Career Copilot, actively shaping the future of work. Their commitment to innovation and staying attuned to users' evolving needs ensures that they will continue to lead in providing personalized career guidance beyond traditional tools. As they progress on this path, Careerflow.ai remains dedicated to empowering individuals in their career journeys, one success story at a time, reaffirming their position as a pioneering force in the future of work.
😇🚀 You can also join the Careerflow.ai family
Disclaimer: Ganas Ventures is a 506c fund that allows us to publicly solicit for our raise. All are welcome to apply to become an LP; however, commitments to Ganas Ventures will only be accepted by accredited investors.