Folio is a disruptive player in the education industry with a mission to "Launch & level up your career." Founded in 2022 and based in the United States, Folio.works offers guaranteed internships to equip young adults with the skills to embark on meaningful career journeys. Remarkably, 85% of trained interns land extended paid offers, earning approximately $10k+ annually more than their peers.
The conventional barriers to providing internships are being shattered by Folio. Traditionally, less than 1% of companies offer internships due to the high cost and time-consuming nature of internship programs. However, Folio's disruptive model aims to generate 15 million internships by offering them for free and relieving employers of the associated burdens. To achieve this, Folio collaborates with universities to deliver skills training, mentorship, and proprietary software for seamless internship program management.
Notably, Folio recently secured Pre Seed Round investment on 23 October 2023 from Michelson Impact Ventures. This strategic partnership is a testament to the investor confidence in Folio's vision and its potential to revolutionize the internship landscape. With its innovative approach and traction in the market, Folio exemplifies a promising prospect for impactful disruption in the education and employment sectors.
