Home Good News Blacks Helping Other Blacks Black Woman-Founded Start Up Closes $13M

Black Woman-Founded Start Up Closes $13M

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The writer: Sequoia Blodgett

Date first published: 6 March 2019

Landit, a market leader in personalized career management, recently announced that it closed $13 million in an oversubscribed Series A funding round led by WeWork and backed by investors including NEA, Valo Ventures, Workday Ventures, Gingerbread Capital, and current venture and seed funders.

The goal of the Landit platform is to enable women and diverse groups to succeed in the workplace. Each member receives a tailored playbook that provides the tools, resources, know-how, and human connections they need to advance and navigate their career. Key features include building a personal brand, executive coaching, creating a personal board of advisors, curated skill development, and mapping to career opportunities.

“The future of work is focusing on unlocking the potential of each individual by investing in their personal success,” said Lisa Skeete Tatum, Landit’s founder and CEO. “We partner with companies around the globe to offer a turnkey solution at scale that enables organizations to better democratize access and success with a clear and measurable ROI. When you have what you need when you need it, in a way that is relevant and actionable, that’s how you land it. Our members are more engaged, and as a result, companies see the increase in retention and mobility.”

In addition to the raise, the company will also be expanding its team. Veresh Sita, WeWork’s Global Head of Strategic Consulting, will join Landit’s Board of Directors. Sita currently oversees advisory services for Powered by We, WeWork’s full-service strategy, space, and technology offering for enterprises. Last fall, WeWork partnered with Landit to launch the platform with their women employees in New York, San Francisco, and London.

“At WeWork, we see leaders across industries increasingly faced with the challenge of attracting, supporting, and retaining top talent in today’s ever-changing workforce,” said Sita. “Through its innovative platform that empowers diverse communities to succeed in their careers and the workplace, Landit plays a key role in helping enterprises meet this challenge head-on. I am thrilled to join Landit’s board and to support them in their growth.”

Landit customers currently include Fortune 1000, high growth companies and leading nonprofits. The platform to transform how they address the massive challenge of human capital development and true inclusion.

“One of the most common refrains I hear from CEOs is that they are challenged to attract, retain, and develop their diverse talent,” said Sheila Lirio Marcelo, co-founder of Landit and founder, chairwoman and CEO of Care.com. “Seamlessly blending technology with human connections, Landit is our response to that challenge. The overwhelming response thus far validates this is the kind of solution needed to invest in the workforce of today and the leaders of tomorrow.”

 

source: Blackenterprise.com