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Young Entrepreneur

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YEC Member Company The Muse Raises $10 Million in a Series A Round

YEC member company The Muse recently raised $10M in a Series A financing round. Founded by YEC member Kathryn Minshew, The Muse is a career website that offers advice to Millennials.

As it turned out, about half of the investors were women, showing how well the site resonates with successful women in particular. Investors included Theresia Gouw and Jennifer Fonstand of Aspect Ventures, Nancy Pfund of DBL Partners, Tyra Banks, Cathie Black, QED Ventures, Great Oaks Ventures, Alexis Ohanian, Anjula Acharia-Bath, Chris Herrmannsen and Mike Goldstein.

The Muse, founded in 2011 and based in New York City, offers a behind-the-scenes look at certain companies and career paths. It also offers job opportunities and advice to readers around the country.

The Muse plans to use the additional capital to expand its personalization tools so that users can search for what specifically applies to their interests and career goals. As Minshew told PandoDaily: "We collect a lot of data that can help us show people the types of resources, content, and opportunities that they are looking for, and we want to build that more into the core of the product."

You can learn more about this recent funding round here.