Codementor (incorporated as Peer thought Inc.) has raised $ 1.6 million in seed funding to develop its on-line training trade right into a market for elite freelance builders who are among the many high-rated mentors on its website online.
based totally in Mountain View with a building workplace in Taiwan, Codementor is a graduate of Techstars in Seattle. WI Harper led the seed round in Codementor, which had prior to now raised $ 1.2 million in early-stage funding from Techstars, 500 Startups and person angel traders.
Codementor founder and CEO Weiting Liu mentioned, “after we started out we had been more like a coding bootcamp, but we realized we could be this accretion of on-demand mentorship that can be a missing puzzle piece that fits alongside all different free and paid finding out tools in the market.”
A accomplice with WI Harper and investor in Codementor, Yvonne Chen said on this next stage, Codementor must center of attention on improving its matching algorithms, which allow the platform to routinely establish on hand, qualified engineers and pair them with programmers seeking help, or companies in search of to engage them for a freelance venture.
“Liquidity is the most important for them to achieve success,” Chen mentioned. “Investing tools to shorten the expected wait time to hire a developer across each single conceivable technology stack; this will probably be a game changer to how firms work with engineering talent in 10 years.
among its users, the corporate counts 15,000 developers who have sought programming help, and 5,000 vetted developer-mentors, each knowledgeable in several programming languages.
builders go through a video interview and peer-review course of ahead of they are cleared to turn out to be mentors. only the highest 2 p.c of mentors, as rated by using other builders, are matched to freelance opportunities on Codementor.
the company competes with a wide range of freelance marketplaces and jobs boards the place businesses can turn to seek out device engineering talent. to name just a few, rivals embrace: Freelancer.com, GitHub Jobs, Guru.com, Upwork and Toptal.
Its hybrid model, providing mentorship and an elite, invitation-simplest freelance market, will help Codementor stand out and show horny to up-and-coming engineers alongside dependent ones, Weiting stated.
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