Pathrise, an online mentorship and job placement platform for tech professionals, announced that it has secured $9 million in Series A funding—including $5.5 million in new equity capital and $3.5 million in venture debt.
The round was led by Learn Capital, and also included Western Technology Investment, and Day One Ventures. Existing investors include the likes of K50 Ventures, Y Combinator, and GoAhead Ventures.
Founded in 2017, Pathrise, an online program for tech professionals, provides one-on-one mentorship, insider knowledge, training, and advice from experts at tech companies such as Google, Amazon, and Uber to help job seekers land their next job. The company said prospective employees only pay if they succeed in getting hired.
The funding will be implemented to grow the size of the engineering team, invest in platform, recruit and onboard career and industry mentors, as well as refine scholarship systems and create affordable income share agreements.