Skills Union today announced a US$1.5 million seed investment round, supporting its mission to bridge the global tech skills gap. The investment round was led by Online Education Services (OES), part of the Seek group of companies, with notable investors including KDV, Hustle Fund, Koh Boon Hwee, Siu Rui Quek, Ishreth Hassen, Sumardy Ma, Simin Zhou and Anvesh Ramineni.
The investment milestone is a major move for Skills Union on its mission to become a global provider of university accredited courses. They promise job-ready graduates to tech companies needing a digitally savvy workforce with trusted university credentials."This investment gives us the lift-off we want to further scale our programs and impact the lives of many more students," said Colin Mansell, Skills Union CEO and Co-founder.
Skills Union takes its place in a rapidly growing online education sector which is projected to reach US$660 billion by 2027.
“We have been impressed with Skills Union’s business offering, approach to growth and global outlook. Their product has many impressive features, including a flexible, stackable set of courses with a clear path to accredited degrees. We look forward to working closely with them as they expand their business", said Denice Pitt, CEO of OES.
Skills Union offers courses that are in demand by high-growth companies, such as software development, user experience design and growth marketing, aimed at both the consumer and business audiences. Since its establishment in Singapore in 2020, Skills Union has partnered with institutions including Singapore’s Nanyang Technological University, and a growing network of university partners in the UK and US.
“Our goal now is to bring a disruptive and empowering educational experience to students of all backgrounds, in every corner of the globe,” adds Mansell.
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