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Jopwell

Summer 2015Acquired

Career advancement for Black, Latinx & Native American professionals.

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Jopwell logo

Jopwell

Summer 2015Acquired

Career advancement for Black, Latinx & Native American professionals.

Save
Company details

Jopwell’s mission is to make a substantial, measurable impact on increasing Black, Latinx, and Native American representation in the workforce. Jopwell strives to build inclusive workplaces where our members can bring their authentic selves to work. We do this by assisting companies with their recruitment, marketing, and retention efforts for communities of color.

Location
New York City, NY, USA; New York, NY, USA
Founded
2015
Category
SaaS
YC Directory Pagejopwell.com
Founders
  • PB
    Porter Braswell
    Founder/CEO
    LinkedIn
  • RW
    Ryan Williams
    Founder/President
    LinkedIn

Jopwell’s mission is to make a substantial, measurable impact on increasing Black, Latinx, and Native American representation in the workforce. Jopwell strives to build inclusive workplaces where our members can bring their authentic selves to work. We do this by assisting companies with their recruitment, marketing, and retention efforts for communities of color.

Location
New York City, NY, USA; New York, NY, USA
Founded
2015
Category
SaaS
YC Directory Pagejopwell.com
Founders
  • PB
    Porter Braswell
    Founder/CEO
    LinkedIn
  • RW
    Ryan Williams
    Founder/President
    LinkedIn

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On this page
  • Overview
  • Founding Story
  • Timeline
  • What They Built
  • Market Position
  • Target Customers
  • Market Size
  • Competition
  • Business Model
  • Traction
  • Post-Mortem
  • Jopwell corrected access before it could own advancement
  • Community trust and employer revenue had to coexist
  • True bought a missing career stage
  • Key Lessons
  • Sources

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Exec Briefing

Actionable insights

If you only have a few minutes to spare, here’s what investors, operators, and founders should know about Jopwell (S15).

  1. The pipeline already existed. Employers mistook the limits of referrals and small programs for missing talent. Direct community access corrected the distribution failure.
  2. Sell one side before building two. Two nontechnical founders won provisional employer commitments with a deck, giving the marketplace a paying side before software existed.
  3. Community earned permission. Career content, events, and authentic representation made members more than profiles in an employer database.
  4. Connections stop short of outcomes. Applications and introductions are intermediate measures. Durable impact requires evidence of hires, advancement, and retention.
  5. The buyer extended the career arc. True paired early-to-mid-career reach with executive search, talent software, and leadership products.

Overview

Jopwell built a career platform for Black, Latinx, and Native American students and professionals, then sold employers recruitment, marketing, and retention access to that community. Porter Braswell and Ryan Williams left Goldman Sachs to start the company in 2015 and joined Y Combinator that summer.[1]

True acquired Jopwell in April 2023 and kept it as a business unit. The product had solved early-career access and community; True owned retained executive search, talent CRM, assessment, and an executive diversity network. Together they could cover a longer career arc.[2]

Founding Story

Braswell and Williams met as analysts on the same Goldman Sachs trading floor. Braswell worked at the firm from 2008 to 2014; Williams from 2010 to 2014. Both had gained finance access through internships in high school and college. Once inside, they were often asked to help recruit other candidates of color.[3]

That work exposed a mismatch. Employers said they could not find qualified candidates, while the founders knew the community existed. Companies relied on employee referrals or small diversity programs, which made access depend on existing connections. Braswell later summarized his frustration: “We can't find this talent. It doesn't exist.” His answer was equally direct: “It exists, and they're on Jopwell.”[1]

Neither founder had startup or HR experience, and both were nontechnical. That limitation forced them to begin on the employer side. They made a deck, showed it to companies, and asked whether those companies would pay if they built the proposed platform. A few provisional yeses became their demand proof before product existed.[1]

They chose a for-profit model because employers had a business problem and budget. Braswell described the founding conviction this way: “Our passion came out of knowing that there was a large opportunity to use technology to connect candidates and companies more efficiently and at scale.”[4]

Timeline

  • 2014: Braswell and Williams left Goldman Sachs after identifying the employer-candidate distribution gap.[3]
  • January 2015: Jopwell launched.
  • Summer 2015: The company joined Y Combinator.
  • 2016: Jopwell counted Magic Johnson, Ben Jealous, and Joe Montana among early investors.[5]
  • 2018: Braswell said the platform represented a workforce community of 44 million Black, Latinx, and Native American students and professionals.[1]
  • 2023: True announced the acquisition and kept Jopwell as a business unit.[2]

What They Built

Candidates created profiles that went beyond a résumé. They described work experience, leadership, goals, interests, aspirations, and roles they wanted. Jopwell's matching system surfaced openings across industries, including paths a member might not have considered.[3]

Employers received a recruiting and engagement channel into an identified professional community. Jopwell helped companies present opportunities, develop campaigns, find candidates, and work on retention. The founders framed the product as an answer to constrained applicant funnels, not a different hiring standard.

The community layer separated Jopwell from a résumé database. Members received career content, events, advice, and access to peers and senior leaders. Jopwell Talks brought more than 400 members to the Brooklyn Museum for a day of in-person programming.[3]

That combination created a two-sided asset. Members trusted a platform built around their advancement, while employers paid for authentic access and expertise. The tension was measurable outcome: a connection, application, hire, promotion, and retained employee are different units, and public reporting rarely separated them.

Market Position

Target Customers

Jopwell served Black, Latinx, and Native American students and early-to-mid-career professionals. Paying customers ranged from startups to Fortune 500 companies across finance, technology, healthcare, sports, nonprofits, commerce, and publishing.

Market Size

Braswell cited 44 million people in the target U.S. student and professional population in 2018.[1] Population was not the paying market. Jopwell's nearer commercial scale was more than 250 company partnerships and tens of thousands of facilitated connections.[3]

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