RiseKit to help millions of unemployed and underemployed individuals across the U.S. find and stay in careers over the next five years through predictive analytics
Stand Together Foundation announced an investment of $750,000 in RiseKit to develop and scale its workforce solution through predictive analytics. RiseKit’s software is the first tool of its kind to truly bring the workforce system to people struggling with significant employment barriers in underserved communities. The strategic investment will position RiseKit to help millions of unemployed and underemployed individuals across the U.S. to find and stay in careers over the next five years through predictive analytics.
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RiseKit‘s platform is designed specifically for unemployed people from underserved communities who need more than just a job board – job seekers need access to basic necessities, case managers, career coaches, and employers who won’t unfairly disqualify them as they navigate their paths successfully. RiseKit is transforming how people manage their career pathways while enabling the workforce system (i.e. employers, nonprofits, governments, grant makers) to better coordinate efforts to improve the efficacy of employment.
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Since 2016, Stand Together Foundation has partnered with the country’s most effective nonprofits to help accelerate their work and maximize their impact with the goal of breaking the cycle of poverty in America. Stand Together Ventures Lab, which is supporting Stand Together Foundation’s investment in RiseKit, partners with ventures that are driving bold innovations with the potential for 100x impact and scale. RiseKit’s predictive analytics technology and holistic workforce solution make it a natural fit for both Stand Together Foundation and Stand Together Ventures Lab, which support entrepreneurs with community-driven solutions to help people create fulfilling lives through satisfying work and community engagement.
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