Careerist.com, founded by Ivan Tsybaev, was launched in 2019 after the successful sale of his first company, Trucker Path. The latter hit 800,000 truckers using it and accumulated five million Revenue in 2017. With an initial investment of fifty thousand dollars of his own money, Ivan steered the pre-seed round to raise 1.2 million at a 20 million post-money valuation. The successful closure of series A in 2022, raising 8 million at an 80 million post-money evaluation, reflected a 6.6x multiple today.
Key Growth Metrics and Insights
A team of 300 with 50 engineers
$25m ARR in 2023
Launched in 2019, and hit $1m ARR in 2020
Careerist is dedicated to aiding individuals in obtaining and advancing in tech-related occupations. The platform facilitates access to sought-after, lucrative tech roles through a mixture of immersive training, one-on-one mentorship, and built-in internship and job search resources.
Formerly known as JobEasy, Careerist pivoted to not only provide an online learning platform but also to streamline job applications for tech job aspirants. This platform, based in Miami, Florida, educates job seekers and automates the process of job applications, making the transition into tech fields smoother.
Trucker Path to Careerist
From a finance job to the tech industry, Ivan’s journey hasn’t always been a smooth one. After his job at Exxon Mobil, Ivan started several companies before moving into Tech. In 2009, he moved to New York, and later, in 2013, moved to Silicon Valley to start a tech startup. They built the most popular trucker app called Trucker Path, which they monetized through financial services. He sold it in late 2017, and in March, co-founded the ed-fintech startup Careerist.
Financing, Training, and Placing Talent in Tech
Careerist offers a platform for job seekers to transition into tech roles. The company finances the enrollment of underserved job seekers, trains them for tech jobs with software and freelance instructors, and then automates their job search. With multiple offerings, the company receives about 500 new paid customers every month, who pay four thousand dollars upfront or sign up for the deferred payment plan.
Pioneering Growth and Profitable Future
Ivan pivoted his successful endeavor, Trucker Path into Careerist, targeting a broader audience: people seeking career transitions and fresh graduates. With an investment of $50,000 for the initial setup, Careerist quickly started making profits, with an earning of around $300k per month. With the potential to make a $25m revenue this year, up from $12m last year, Careerist is aiming for sustainable growth and profitability.
A Global Team Driving Innovation
With over 300 people on board, including 50 engineers, Careerist operates on a global scale. Although a majority of team members are located outside the USA, the company’s commitment to hiring the best talents has remained unchanged. This dedicated and diverse team has played a significant role in steering the company to its current success.
CEO he’s following: Tony Robbins
Favorite book: Hard Thing About Hard Things by Ben Horowitz.
Favorite online tool: Facebook
Balance: Gets 7 hours of sleep every night, married, 2 kids.
What does he wish he had known at 20? Study Tony Robbins sooner