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§ Private Profile · New York City, NY, USA
Modern Guild is a technology company.
Modern Guild has raised $1.2M across 2 funding rounds.
Key people at Modern Guild.
Modern Guild has raised $1.2M in total across 2 funding rounds.
ModernGuild provides a specialized platform that connects early-career professionals with opportunities in finance and consulting. The company offers structured mentorship, insider guidance, and exclusive access to networking events, designed to streamline the recruiting process. Utilizing a proprietary platform, ModernGuild facilitates the display of candidate skills and employs predictive analytics, blinded dashboards, and matching algorithms to present talent directly to partner companies.
Adrien Fraise founded ModernGuild in January 2011, stemming from his experience as a strategy consultant. He observed the inefficiency of traditional recruiting models, where the sheer volume of resumes made thorough candidate review impossible. This insight drove him to create a more effective and equitable system, initially piloting an industry accelerator at universities before evolving into its current platform-centric approach.
The platform primarily serves college students and early-career professionals aspiring to careers in finance and consulting, with a strong focus on diverse talent, including underrepresented minorities and students from non-target schools. ModernGuild's vision is to build a more inclusive workplace by setting a new standard for efficient and unbiased recruiting, aiming to provide an unparalleled advantage for students seeking entry into competitive industries.
Key people at Modern Guild.
Modern Guild has raised $1.2M across 2 funding rounds. Most recently, it raised $670K Seed in June 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2013 | $670K Seed | — | LearnStart | Announced |
| Jan 21, 2013 | $500K Seed | — | Alexander Asseily | Announced |
ModernGuild is a technology platform that connects college students, particularly diverse candidates, with mentorship, training, and direct access to internships and entry-level roles in finance and consulting. It solves inefficiencies in early-career recruiting by offering transparent matching, mock interviews, blinded dashboards, predictive analytics, and a "corporate dating" marketplace that pairs talent with companies like Citibank, bulge-bracket banks (BBs), elite boutiques (EBs), and top asset managers.[1][4][5] Serving over 20,000 students and 25 corporate clients, it equips users with career coaches, 8-10 week discovery courses taught by industry professionals, and guaranteed first-round interviews, fostering equitable access amid biased traditional processes.[1][2][4]
The platform targets the broken recruitment pipeline for early-career talent, bridging academics and careers through personalized guidance and fair competition, with strong growth from university partnerships to direct corporate pilots.[1][2]
ModernGuild emerged to address access and training barriers in finance and consulting recruitment, starting as a training provider for high school and college students via online courses and 1-on-1 career coaches.[1][2] It quickly expanded to 20 schools, released Version 2.0 with scheduling, mentorship, and community features, and pivoted strategically from school partnerships to direct corporate collaborations after recognizing flaws in early-career selection processes.[1]
A pivotal pilot with Citibank scaled to 10-15 companies, incorporating matching algorithms and blinded tools for a fairer "corporate dating" model; the founder, a Columbia Business School graduate and TechStars EdTech alum with experience at Babelverse, drove this evolution, growing to over 200 students initially and now 20,000+.[1][2][4] User forums confirm its startup roots, with early traction via diversity-focused internships at BBs and buy-side firms.[4]
ModernGuild rides the edtech-recruiting convergence trend, capitalizing on post-pandemic shifts toward skills-based, diverse hiring in finance amid talent shortages and ROI skepticism on traditional college degrees.[1][2][4] Timing aligns with DEI mandates and inefficient campus recruiting, where biases and low throughput plague firms; market forces like remote tools and analytics favor scalable platforms over legacy processes.[1][5]
It influences the ecosystem by democratizing access for 20,000+ students, pressuring banks to adopt fairer tech-driven pipelines, and proving edtech's role in bridging academia to high-finance careers—much like Handshake but niche-focused on elite entry points.[4]
ModernGuild's momentum—scaling pilots to 25 clients and thousands of users—positions it to expand beyond finance/consulting into broader professional services, leveraging AI matching for hyper-personalized pipelines.[1][4] Rising demand for diverse, tech-vetted talent amid economic cycles will shape its path, potentially integrating VR mocks or global reach.
As recruitment digitizes, its influence could evolve into a standard for early-career fairness, empowering the next wave of professionals while commanding premium corporate partnerships—reinventing the "uncertain journey" into a launchpad.[1]
Modern Guild has raised $1.2M in total across 2 funding rounds.
Modern Guild's investors include LearnStart, Alexander Asseily.
