70 Million Jobs
70 Million Jobsis a recruitment company and employment website with the mission of helping people who have criminal records find jobs. They are the first for-profit recruitment platform for people with criminal records. The name of the site comes from the statistic that there are over 70 million Americans with criminal records.[4][3][0]
History
70 Million Jobs was founded in October 2016 by Richard Bronson. He was inspired to start the company after personally experiencing the challenges of getting a job with a criminal record. Bronson served 22 months in prison after pleading guilty to securities fraud and paying full restitution to the victims of his crimes. While serving time in prison, Bronson realized that many people who are in prison deserve a second chance after they are released. He also learned how it can be even more challenging for people with criminal records who are also minorities or lack formal education to find jobs. Before going to prison, Bronson was running a brokerage firm that reached $100 million in annual revenue. Bronson was also previously a Partner at Stratton Oakmont, the infamous brokerage firm featured in the award winning film, *The Wolf of Wall Street *.[4][13][8]
Overview
With a community of more than one million active job seekers nationwide, 70 Million Jobs works with some of the nation’s largest employers, helping them meet critical human resource challenges.
They partner with more than 400 localnonprofits, community-based organizations,parole/probation departments, governmental agencies and corrections systems. They seek “double bottom line returns”: building a big, successful business and doing massive social good.[14][12][8]70 Million Jobs aims to make it as easy as possible for people with criminal records to use the platform and find jobs. The 70 Million Jobs platform helps users create resumes, gives notifications for nearby jobs, and allows users to apply directly through the platform.[6][4][10]For employers, in addition to listing jobs on their platform, 70 Million Jobs also runs marketing campaigns to ensure that employers can get as many quality applicants as possible. The first step of 70 Million Jobs process is to run an email campaign reaching to targeted candidates about the job postings. They then text candidates with a call to action. Finally, the last step is for 70 Million Jobs to reach out to individual potential candidates and talk with them one-on-one with direct phone calls. 70 Million Jobs’ can also integrate with an employer’s current applicant tracking system, or access their XML feed to streamline the hiring process.[5]
Investors
70 Million Jobs received investment fromY Combinatorand was part of their Summer 2017 batch. They have also received investment from M Ventures.[11][9]