EdTech Startup Paragon One Raises $2 Million

Paragon One announced the close of $2 million in seed financing. Seven investors participated in the round, including Y Combinator, Foundation Capital, Learn Capital Venture Partners, University Ventures, and Altair VC.

Paragon One is an online college career center and marketplace that matches college students with professionals to help guide them into career paths and prepare for interviews. The company aims to compensate for the fact that college students aren’t getting adequate career advice and aren’t prepared for recruiting. Since the best people to deliver career guidance, according to the company, are professionals working in those careers, Paragon One’s software uses data and machine learning to create the best professional recommendations for students.

In its announcement, the company said its seed funding will be used for product development to scale the system so it can handle more students.