Although the site launched in February 2009, co-founders Lauren Porat and Cari Sommer waited over a year and a half to raise the money.
The funding comes at a time when many internship-based sites have cropped up and are competing for traffic and employers’ attention. Examples include InternInc., which launched in May 2009, and InternshipRatings.com, which debuted in February 2008.
Urban Interns coined itself ‘the future of work’ and has premiered in nine markets, including San Francisco, Boston, and Los Angeles. When discussing the cultivation of the site in a press release after their initial launch, Porat describes Urban Interns as “like a job board, but better…with our targeted focus, proprietary database and search tools, we’ve created a new way to find part‐time help. Plus, its simple design is easy for both employers and candidates to use.”
Porat also hints that more cities and features are in the pipeline. Currently the site hosts about 10,000 active users, including employers and job seekers.
For $40, companies can post job opportunities and search for interns in the site’s database. Creating profiles on the site is free if you are a job seeker.
A panel of Internet and recruitment industry veterans make up the Urban Interns advisory board, including Marc Ferrentino of Salesforce.com and Emily Hickey, who previously served as VP of Products at HotJobs.