Skillsetter, an educational platform with online simulation courses for IT professionals, raises $262k

Ukrainian EdTech startup skillsetter has raised a $262,000 round. The investment was made by the Cyprus-based venture capital fund Embria Ventures Group.

  • Skillsetter was founded by Vlad Yakupov in 2019. The main product and unique selling point of this startup is an educational platform with online simulation courses aimed at IT professionals. The innovative training approach includes participants in solving real-life cases and involves practical tasks which occur within technical companies, rather than relying on traditional video lectures.
  • The platform now offers over 20 courses covering various areas: content marketing in the IT industry, traffic management, SMM management, product management, UX design, etc.
  • Also, skillsetter offers career consulting and assists graduates with job placement at partner companies, including BoostaProjectorGenesis, Murka, and Kyivstar. So far, the startup already has 70 of them.
  • Skillsetter plans to invest the raised capital in the business scaling — product line development and team strengthening. The goal is to build a company with a 90% success rate of graduates by the end of 2022. Now, according to the startup, that figure is 70%.