The latest startup to partner with employers to build curriculum into certification programs that create a more ready workforce has raised $12 million. While it’s still unclear to us what their pricing/revenue model is, they do have an interesting differentiator in comparison to the other startups in this rapidly emerging category.
From their press release: “Unlike college alternatives or boot camps, Pathstream partners with employers to create courses that can be offered for credit through a network of more than twenty U.S colleges and universities. According to recent research, nearly half of recent college graduates are underemployed in their first job; with underemployed graduates now five times as likely to be underemployed five years later.Pathstream’s unique emphasis on software-specific skills (such as Tableau, Salesforce, Facebook Ad Manager) reflects the reality that the most in-demand skills gaps are about much more than coding. According to Burning Glass, jobs that require experience with Salesforce software have, for example, quadrupled in the past five years. In 2017, more than 300,000 job postings called for Salesforce skills. The number of Tableau-related job postings grew 2,500% from 2011 and 2015. Oracle related postings grew 444% during the same period.”
Source: Startup Raises $12M to Bridge the Gap Between College Graduates and the Most In-Demand Tech Jobs