Magnet.me is an online service that connects students and young professionals with employers. Over 250,000 students and over 4,500 graduate employers currently use the service. The Rotterdam based scaleup[2] was founded in 2012 by Vincent Karremans, Freek Schouten, Hugo de Ruiter and Laurens van Nues.[3][4]

Magnet.me
Magnet.me Logo
Type of businessScaleup
Type of site
Social network service
Available inDutch, English
Founded2012; 12 years ago (2012)
Rotterdam, The Netherlands
Headquarters,
Founder(s)Vincent Karremans
Freek Schouten
Huge de Ruiter
Laurens van Nues
IndustryInternet
URLmagnet.me
RegistrationRequired and free
Users300,000[1]
Current statusActive

Concept and features edit

Magnet.me is a typical two-sided marketplace with on one side students and young professionals, and on the other side employers. Using the platform is free for both sides.

Students and young professionals create a profile with relevant information like study background, work experience, spoken languages, interest and other elements. Consequently, if they then meet the general criteria of an employer, they receive a connect suggestion,[5] or if they meet the criteria of a job or internship, they instantly get pushed the opportunity. Employers can invite students from their own network to apply to jobs and internships and exchange messages via the platform.[6]

Competitive landscape edit

Magnet.me has been referred to by one source as the “LinkedIn for students”.[7][8] The difference between the two is that Magnet.me only focuses on the graduate recruitment market and is a student-to-employer network, whilst Linkedin is a peer-to-peer network.

Direct competitors of Magnet.me are Graduateland and Wikijob.

Awards and recognition edit

  • First prize Flex Innovation Fund for most innovative business plan in the HR industry (2013)[9]
  • UK Department of International Trade Investment Award for best new entrant to the United Kingdom (2016)[10]

See also edit

References edit

  1. ^ "What is Magnet.me?". magnet.me. Retrieved 2022-09-19.
  2. ^ "The Office: het Rotterdamse penthouse van Magnet.me". Sprout (in Dutch). Retrieved 2017-06-02.
  3. ^ "Cookiewall | Het Financieele Dagblad". fd.nl. Retrieved 2017-06-09.
  4. ^ "Rotterdamse startup Magnet.me haalt €1 miljoen op en noemt Brexit 'Een zege' (interview)". Quote. Retrieved 2017-06-01.
  5. ^ Magazine, Made in Shoreditch. "This New Website Is Changing The Way Students Find Jobs in UK – Made in Shoreditch Magazine". Retrieved 2017-06-20.
  6. ^ "You've been invited to apply!". Magnet.me | Blog. Retrieved 2019-01-25.
  7. ^ "Startup Magnet.me gaat achter LinkedIn aan". Sprout (in Dutch). Retrieved 2017-06-09.
  8. ^ "A better LinkedIn for students: Magnet.me is the new kid in town. - GO-BUSINESS". GO-BUSINESS. 2015-01-16. Retrieved 2017-06-01.
  9. ^ "Finale FlexInnovatieFonds - Magnet.me is de winnaar - FlexNieuws". www.flexnieuws.nl (in Dutch). Retrieved 2017-06-09.
  10. ^ "Brexit schaadt Brits-Nederlandse verhouding (nog) niet" (in Dutch). Retrieved 2017-06-09.