Elevated Careers was a recruitment platform developed by eHarmony in 2013, aiming to apply its relationship-matching algorithms to the employment sector. The platform sought to enhance job satisfaction and employee engagement by aligning job seekers with employers based on compatibility across skills, culture, and personality.
Key Strategic Focus
Elevated Careers' core objective was to revolutionize the hiring process by integrating eHarmony's proven compatibility matching system into the employment domain. The platform utilized a comprehensive algorithm assessing 24 factors related to culture, personality, and values, focusing on three primary compatibility areas:
- Skills Fit: Analyzing a candidate's skills and background to predict suitability for specific roles.
- Cultural Fit: Evaluating how an individual's core work values align with a company's culture.
- Personality Fit: Assessing interpersonal compatibility between candidates and hiring managers.
This approach aimed to reduce turnover and enhance workplace harmony by ensuring deeper compatibility between employees and employers.
Financials and Funding
Elevated Careers secured approximately $1.86 million in funding through various channels:
- Angel Investment: $475,000 in September 2014.
- Accelerator/Incubator Funding: $25,000 in May 2015.
- Grant: Undisclosed amount in May 2016.
- Early Stage VC (Series A): Undisclosed amount in October 2017.
- Later Stage VC: Undisclosed amount in December 2018.
The capital was intended to enhance the platform's technological capabilities and expand its market reach.
Technological Platform and Innovation
Elevated Careers distinguished itself by leveraging eHarmony's proprietary relationship science to the employment sector. The platform's algorithm assessed compatibility using 24 factors across skills, culture, and personality, aiming to predict long-term job satisfaction and performance. This scientific methodology was designed to create more engaged and productive workplaces.
Leadership Team
The leadership team included:
- Dr. Steve Carter: Co-founder and CEO, instrumental in developing the compatibility matching system.
- Dan Erickson: General Manager and Vice President, overseeing strategic operations and business development.
Leadership Changes
In August 2017, Candidate.Guru acquired Elevated Careers. Post-acquisition, Dan Erickson joined Candidate.Guru as General Manager and Vice President of Elevated Careers. Dr. Steve Carter continued his role as Co-founder at Candidate.Guru.
Competitor Profile
The recruitment technology market is highly competitive, with several key players:
- LinkedIn: Offers a vast professional network and recruitment tools.
- Indeed: Provides a comprehensive job search engine with employer services.
- Glassdoor: Combines job listings with company reviews and salary information.
These competitors focus on connecting job seekers with employers through various platforms, emphasizing different aspects of the recruitment process.
Strategic Collaborations and Partnerships
Elevated Careers partnered with companies like AT&T, American Airlines, and HomeAway to refine its matching algorithms and validate its approach in diverse corporate environments.
Operational Insights
Elevated Careers aimed to differentiate itself by focusing on deep compatibility matching, leveraging eHarmony's expertise in relationship science. This approach sought to reduce turnover and enhance employee engagement by ensuring a strong fit between candidates and employers.
Strategic Opportunities and Future Directions
Following the acquisition by Candidate.Guru, the integration of Elevated Careers' technology aimed to enhance Candidate.Guru's AI-driven recruitment platform, offering more precise culture fit predictions and expanding its market presence.
