RiseKit
RiseKit is a Chicago-based SaaS platform that connects employers, nonprofit training providers, funders, and government agencies through real-time participant tracking, AI-driven recommendations, and outcome dashboards to coordinate workforce development and economic mobility services for underserved job seekers.
- Company typePrivate
- Founded2017
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What RiseKit does
RiseKit is a Chicago-headquartered SaaS company that operates a coordinated workforce development platform connecting employers, nonprofit training providers, funders, and government agencies on a single shared system. The platform provides real-time participant tracking from intake through training to job placement, automated alerting when participants fall behind, AI-driven recommendations for jobs, training, and support services, integration with the National Labor Exchange job feed, and outcome/ROI dashboards for funders and agencies. Product surface is segmented into a Participant Portal for job seekers, staff portals for nonprofits and recruiters, an Employer Hiring Portal, and a Funder & Government Dashboard, all sharing participant data in real time.
RiseKit's business model is subscription-based SaaS billed monthly, with quote-based custom pricing and a consultative enterprise sales motion gated behind 'Request a demo' calls-to-action. Revenue is generated from organizational customers — primarily nonprofits and workforce agencies, with employers and government/funders as secondary buyer segments — while a $1.5 million Bill & Melinda Gates Foundation grant (July 2024) provides non-dilutive capital for geographic expansion and product development. The company operates exclusively in the United States, is privately held, has 11-50 employees, and was founded in 2017.
The company's positioning targets a known fragmentation problem in U.S. workforce development: data scattered across dozens of nonprofits, spreadsheets, and case-management tools means job seekers fall through the cracks, employers lack visibility into community-based talent pipelines, and funders cannot demonstrate ROI. RiseKit's value proposition is to serve as shared infrastructure across a regional workforce ecosystem, evidenced by reported outcomes such as 23,812 participant connections, 465 career launches, a $17.71/hr average placement wage, and a claimed 500X ROI in a documented two-year grant program.
RiseKit firmographics
Firmographics- Name
- RiseKit
- Legal name
- RiseKit
- Website
- https://risekit.co
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RiseKit is a Chicago-based SaaS platform that connects employers, nonprofit training providers, funders, and government agencies through real-time participant tracking, AI-driven recommendations, and outcome dashboards to coordinate workforce development and economic mobility services for underserved job seekers.
- Ownership category
- akta.pro rank
RiseKit industry classification
Industry- Product category
- Workforce Development Software
- NAICS
- Vocational Rehabilitation Services (6243), Educational Support Services (61171)
- SIC
- Services-Prepackaged Software (7372), Services-Employment Agencies (7361)
- akta.pro primary industry
- Internship/Apprenticeship Matching & Work-Based Learning Platforms (EDAFAMAL)
- akta.pro secondary industry
- Talent Acquisition (Recruiting) & Applicant Tracking (ATS) (BPACAPAD)
Keywords
Where RiseKit is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RiseKit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscriptions: RiseKit operates on a subscription SaaS model with organizations (nonprofits, training providers, employers, government/funders) paying recurring fees for access to the platform. The Terms of Use reference 'Subscription(s)' billed 'in advance on a recurring and periodic basis' with monthly billing cycles. Subscription tiers are not publicly disclosed; prospective customers must request a demo or contact sales.
- Grant Funding (Bill & Melinda Gates Foundation): RiseKit received a $1.5 million grant from the Bill & Melinda Gates Foundation to support market expansion and the development of community-driven hiring tools. This is non-dilutive funding supporting platform expansion into new markets rather than a direct revenue stream from customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Organization subscriptions (nonprofits, employers, government/funders) — pricing not publicly disclosed |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
RiseKit product offering
Product offeringCore offering
RiseKit operates a cloud-based coordinated workforce development SaaS platform that connects employers, nonprofits, training providers, funders, and government agencies on a single shared platform. It provides real-time participant tracking from intake through training to job placement, with automated alerts when participants fall behind, AI-powered resource recommendations, National Labor Exchange integration, and outcome measurement dashboards. The platform is sold on a subscription basis with monthly billing and custom pricing negotiated per customer.
Product overview
RiseKit is a coordinated workforce development platform offered as a unified SaaS product with multiple integrated modules serving distinct user segments. The platform consists of a central ecosystem that connects participant-facing tools (Participant Portal for job seekers), staff-facing tools (Nonprofit & Training Provider Portal, Recruiter Portal, Employer Hiring Portal), and oversight tools (Funder & Government Dashboard). These modules share participant data in real-time, enabling coordinated case management, barrier detection, referral sharing, and outcome tracking across the entire workforce ecosystem from intake through employment.
Differentiator
Problem solved
Functional benefit
Products and services
- RiseKit Platform
Quantifiable outcome
- 23,812 connections built, 465 new careers launched, 1,611 gained skills, $17.71/hr average wage in the past year
- +3 more outcomes
Companies that use RiseKit
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
RiseKit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature8 records
RiseKit partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights5 records
RiseKit competitors and assessment
Company assessmentDirect peers
- Geographic Solutions: Geographic Solutions provides workforce development case management and labor exchange software primarily to state workforce agencies — directly overlapping RiseKit's government/funders segment with comparable reporting and outcome-tracking functionality.
- Bonterra (formerly Social Solutions / Apricot): Bonterra's Apricot and Social Solutions products provide case management and outcome tracking for social services and workforce nonprofits — the same primary user base as RiseKit with similar reporting-to-funders use cases.
- Handshake: Handshake connects students and early-career job seekers to employers and experiential opportunities — overlapping with RiseKit's job-seeker-to-employer matching, particularly for young adults and underrepresented populations.
- GradLeaders: GradLeaders provides career services and employment outcomes management for educational institutions and workforce programs — closely comparable in serving the education-to-employment funnel and reporting outcomes to stakeholders.
Broad incumbents
- Salesforce.org Nonprofit Cloud: Salesforce.org offers CRM and program management for nonprofits at scale, including case management and outcome reporting — competing for the same nonprofit and workforce development budgets but as part of a much broader platform portfolio.
- iCIMS: iCIMS is a major talent acquisition / ATS platform used by enterprise employers. It overlaps with RiseKit's employer hiring pipeline functionality but targets larger corporate HR teams and lacks the nonprofit/funder integration layer.
Emerging players
- SkillUp Coalition / SkillUp Online: SkillUp provides free online training and career navigation for underemployed workers — overlapping with RiseKit's job-seeker training and resource recommendation features but without the multi-sided coordination layer.
- Idealist / IdealistJobs: Idealist connects mission-driven job seekers with nonprofit and social-impact employers — partial overlap with RiseKit's employer matching and participant portal but a narrower social-impact focus.
- WorkHands: WorkHands supports apprenticeship and skilled-trades workforce pathways — a narrower segment of the work-based learning market that RiseKit also serves through its training provider integrations.
- CareerVillage: CareerVillage provides career coaching and mentorship for underserved job seekers — adjacent to RiseKit's participant empowerment features, with overlap on resource navigation but no employer/funder coordination.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
RiseKit social profiles
Digital presenceRiseKit compliance and trust
Trust signalCompliance2 records
RiseKit financial estimates
Financial estimateRevenue estimate
Valuation estimate
RiseKit leadership team
Management profileNumber of profiles
Profiles3 records
RiseKit funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RiseKit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RiseKit
What does RiseKit do?
RiseKit operates a cloud-based coordinated workforce development SaaS platform that connects employers, nonprofits, training providers, funders, and government agencies on a single shared platform. It provides real-time participant tracking from intake through training to job placement, with automated alerts when participants fall behind, AI-powered resource recommendations, National Labor Exchange integration, and outcome measurement dashboards. The platform is sold on a subscription basis with monthly billing and custom pricing negotiated per customer.
Is RiseKit a public or private company?
RiseKit is a private company. It is classified as venture growth investor backed and is currently operating.
When was RiseKit founded?
RiseKit was founded in 2017. It employs 11 to 50 people.
Where is RiseKit based?
RiseKit is headquartered in Chicago, United States, in the North America region.
How does RiseKit make money?
Two revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are grant Funding (Bill & Melinda Gates Foundation).
Who are RiseKit's main competitors?
Direct peers on record are Geographic Solutions, Bonterra (formerly Social Solutions / Apricot), Handshake and GradLeaders. Broad incumbents are Salesforce.org Nonprofit Cloud and iCIMS. Emerging players are SkillUp Coalition / SkillUp Online, Idealist / IdealistJobs, WorkHands and CareerVillage.
Does RiseKit have an API?
No public API is recorded for RiseKit.
What industry is RiseKit in?
RiseKit's product category is Workforce Development Software. Its primary akta.pro industry code is EDAFAMAL, Internship/Apprenticeship Matching & Work-Based Learning Platforms, with a secondary code of BPACAPAD, Talent Acquisition (Recruiting) & Applicant Tracking (ATS). Its NAICS code is 6243 and its SIC code is 7372.