ExecThread Secures $6.5 Million
Staffing company ExecThread, Inc., announced it has raised $6.5 million in financing. Canaan Partners and Javelin Venture Partners led the round, with participation from Corazon Capital, CoVenture and NextView Ventures.
ExecThread, which was founded in 2015 and is based in New York City, is a premium network of highly qualified, carefully vetted executives and aspiring executives who discreetly share job opportunities with each other. ExecThread takes a unique and community-driven approach to accessing the hidden executive job market by crowdsourcing senior-level career opportunities from its members. According to the company, it is now the largest aggregator of unpublished senior-level job opportunities.
According to the ExecThread, proceeds will be used to accelerate the platform’s growth initiatives.