About

Pursuit focuses on connecting underserved communities with opportunities in the technology sector. It offers a Fellowship program in New York City that provides one year of intensive training in technical and professional skills, followed by three years of career support. This program is unique because it does not require any upfront costs from participants, making it accessible to those who may not afford traditional education. Pursuit also assists employers through its Pursuit Commit program, which helps companies hire and retain engineers from diverse backgrounds by providing ongoing support and training. The company generates revenue through partnerships with employers and is exploring innovative funding options to support its programs. Pursuit aims to significantly increase the income of its Fellows, contributing to individual and community development.

Simplify's Take

What believers are saying

• Pursuit Fellows experience an average 400% increase in income, significantly transforming their financial stability and quality of life.
• The company's partnerships with leading firms like Ballistic Ventures and Macquarie Group Foundation enhance its credibility and expand its impact.
• Pursuit's model of no upfront costs and pay-after-employment reduces financial risk for participants, making it an attractive option for career changers.

What critics are saying

• The intensive nature of the Fellowship program may be challenging for some participants, potentially leading to high dropout rates.
• Reliance on employer partnerships for revenue could be risky if economic downturns affect hiring budgets.

What makes Pursuit unique

• Pursuit's Fellowship program requires no upfront costs, making it accessible to individuals from underserved communities who might not afford traditional education pathways.
• The company offers a unique three-year on-the-job support and career development program, ensuring long-term success for its Fellows.
• Pursuit's innovative financing options, such as leveraging the municipal bond market, set it apart from other workforce development programs.