Posted on November 9, 2018 by staff

Edtech firm used by Uber closes seed round


Training platform EduMe has closed a $1.8 million seed funding round.

Connect Ventures led the investment into the London-based edtech firm which is used by companies such as Uber in a bid to increase driver’s productivity and quality of service.

EduMe said it would now roll out its platform for Uber in the UK and Germany.

“I’m very excited to welcome Connect Ventures as investors in EduMe. Their distinct product focus, experience and great track record makes them exactly the partner we’re looking for,” said founder and CEO Jacob Waern.

Connect Ventures also invests in the likes of London-based public transit app and mapping service Citymapper and Barcelona-based online form building firm Typeform.

Waern continued: “We have witnessed strong product market fit and this capital raise will allow us to further exploit the potential in these opportunities.

“This includes continuing to support companies like Uber, which is a good example of the changing nature of the workforce; 50 per cent of the global workforce will be mobile by 2020 and 50 per cent will be made up of millennials.

“We use our smartphones for all our needs and it’s time to expect the same convenience from corporate training.

“Training and engaging your workforce should be accessible and easy and that’s what EduMe is all about.”

Pietro Bezza, managing partner at Connect Ventures, will join the company’s board of directors.

“I couldn’t be more thrilled to partner with Jacob and the team at EduMe. They have built a product users love and that redefines how companies communicate with and train their remote workforce,” he said.

Taryn Morris, regional operations lead at Uber, added: “We continuously look for new ways to enhance the driving experience and help drivers make the most of their time on the road.

“The EduMe microlearning platform provides an exciting opportunity to support hundreds of thousands of drivers across EMEA, in their daily interactions with riders and our technology.”