TMCnet Feature
September 15, 2020

Parachute, by Rocket, Awarded 2020 Pandemic Tech Innovation Award


Free recruiting platform Parachute, by Rocket, recognized for exceptional innovation in response to the COVID-19 pandemic. 

SAN FRANCISCO, September 15, 2020 — Rocket announced today that TMC, a global, integrated media company, and its TMC (News - Alert) Labs product review division, named Parachute as a 2020 Pandemic Tech Innovation Award winner.

When the COVID-19 pandemic hit, Rocket utilized its industry expertise to get impacted individuals back to work. It quickly built and launched Parachute—a free recruiting platform that connects impacted and furloughed individuals to recruiters, creating an invaluable network between hiring managers and job seekers. Along with its job board, Parachute offers free career coaching to businesses and individuals.

Recruiters and hiring managers at companies such as Facebook, Twitter (News - Alert), Apple, GoPro and Hello Fresh have successfully used Parachute to find individuals that fit open roles within their companies.

“Rocket is honored to accept the 2020 Pandmeic Tech Innovation Award for Parachute,” said Abhinav Agrawal, Co-founder and CEO at Rocket. “When the pandemic hit, each member of our team wanted to do everything they could to help mitigate the overwhelming impact COVID-19 had on the job market. We’re grateful to use our platform and technology to get impacted individuals back to work.”

The Pandemic Tech Innovation Awards recognize hardware, software, devices/peripherals, applications and services that help society and business function effectively in the face of challenges caused by Pandemics.

“By developing Parachute, Rocket has displayed its commitment to quality and innovation in the development of its tech solutions contributing to managing and overcoming pandemic outbreaks,” said Rich Tehrani, CEO, TMC. “I look forward to more innovation from Rocket and its continued effort toward improving the future of the current challenges faced by the most recent pandemic.”

The 2020 Pandemic Tech Innovation Award winners will be featured on Pandemic Tech News online and TMCnet.

About Rocket
Based in San Francisco, Rocket is a technology company that provides artificial intelligence-enabled recruiting services. Rocket solves recruiters’ needs by allowing them to evaluate the entire talent pool and find best matches instantly. By pairing its AI services with human intelligence, Rocket helps companies define their hiring needs and identify, engage and close on quality candidates.  Customers include companies like Nerdwallet, Coinbase, Rippling, Carta and hundreds more. For more information on Rocket, visit and for details on Rocket’s latest award-winning venture visit

About TMC
Through education, industry news, live events and social influence, global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. As a result, leading technology vendors turn to TMC for unparalleled branding, thought leadership and lead generation opportunities. Our in-person and online events deliver unmatched visibility and sales prospects for all percipients. Through our custom lead generation programs, we provide clients with an ongoing stream of leads that turn into sales opportunities and build databases. Additionally, we bolster brand reputations with the millions of impressions from display advertising on our news sites and newsletters. Making TMC a 360 degree marketing solution, we offer comprehensive event and road show management services and custom content creation with expertly ghost-crafted blogs, press releases, articles and marketing collateral to help with SEO, branding, and overall marketing efforts. For more information about TMC and to learn how we can help you reach your marketing goals, please visit and follow us on Facebook, LinkedIn and Twitter, @tmcnet.

For more information about TMC, visit

Rocket/Parachute Contact:
Sparkpr for Rocket/Parachute

TMC Contact:                                                                        
Michelle Connolly
Marketing Manager
203-852-6800, ext. 170

Edited by Maurice Nagle
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