MindSumo Lands $50K Grand Prize at Close It Summit
Earns highest honors at Jobs Madness pitch competition
MindSumo, Inc. (https://www.mindsumo.com) was awarded the grand prize at Close It Summit (http://closeit.org/jobsmadness/) in Washington D.C. on October 28th, taking home $50,000. This capped off a six week journey, during which MindSumo competed with 36 innovative recruiting-based companies in three different stages of competition. Six finalists were chosen to present at the Summit conference. These included: The Reset Foundation, HirePurpose, Treehouse, Akimbo, Enstitute, and MindSumo.
“It was an incredible experience to be surrounded by such inspiring entrepreneurs who are solving our country’s employment problems”, said Keaton Swett, President and Co-Founder of MindSumo. “I’m thrilled that our vision of bringing project-based hiring to students was one that resonated with the judges.” The Reset Foundation took home the 2nd place prize of $35,000, with HirePurpose rounding out the top three with $15,000.
This milestone comes at a great time for MindSumo, as it reaches its third birthday and recently announced student users at over 900 universities across the United States. MindSumo plans to invest the prize money in efforts that will help expand its network of students and universities.
MindSumo helps students transition from college to the workforce. The company offers students real-world challenges and mentors to build their skills and network. MindSumo in turn uses this proprietary data to match students to relevant companies – reducing the candidate to hire ratio from 100:1 to approximately 30:1. MindSumo boasts over 150 clients and 50,000 students on the platform. For more information, visit www.mindsumo.com
About The Close It Summit
The Close It Summit is a national call to action for industry, education, workforce, government, youth innovators, foundations and social impact organizations actively engaged in creating new pathways from education to employment. Close It is focusing on four key issues critical to jobs and employability in the U.S. — youth employment, skills & credentials in high demand fields, increasing access and opportunity to curriculum and training (Skill Up) and the critical importance of employability (soft) skills. For more information, visit www.closeit.org