Oneday, a new EdTech platform helping aspiring entrepreneurs turn their passion into a business through coaching, community and content, has today launched with £2.5 million seed funding.
The seed funding round was co-led by BrightEye VC, a leading venture capital firm prominent in the EdTech space, and Outward VC, the renowned venture capital firm with a focus on early-stage FinTech startups in the UK and Europe.
The funding round also saw participation from Flint Capital, and well-known angel investors including Joshua Wohle, CEO at Mindstone and co-founder of SuperAwesome.
The investment will be used to expand the team, accelerate product innovation and scale up growth.
Previously, Oneday secured £750,000 in pre-seed funding, with their mission to create an alternative education system for the half of society who are not born for corporate careers, or dream of being an entrepreneur.
According to a recent survey, nearly a third of UK workers are considering changing jobs in 2022. In 2021 ‘how to start a business’ was searched more than ‘how to get a job’.
Oneday works by providing aspiring entrepreneurs with ready-to-launch ideas and matching them with successful CEOs as mentors, a community of fellow founders, and all the content and tools they need to launch and fund their business. It was co-founded by Ranbir Arora and Taras Polischuk, both formerly from Sweatcoin, the health and fitness FinTech app, and now are CEO and COO respectively for Oneday.
Ranbir Arora, CEO and co-founder of Oneday, said: “Today, the careers that we aspire to are all within the passion economy; as people are sat in their cubicles in large corporations, they’re saying ‘One day I’m going to launch my own makeup line, one day I’m going to launch my own music label, one day I’m going to become a YouTuber’.
“For corporate career paths, we have this massive higher education system that helps people get those careers. But nothing exists that helps get people into these passion economy careers that they dream of. That’s why we created Oneday, so we can help everyone create lives and careers that they love.”
Membership at Oneday is a fraction of the price of university, and it connects entrepreneurs with the experience, network and tools to kickstart their dream business. With over 1,500 mentors – business founders, CEOs, executives, marketing directors, product managers and more – it has several success stories already, including Jake Casson, who founded the FinTech firm Monet.
Casson onboarded 7,000 beta users and raised £550,000 with the help of his Oneday mentor.
“The Oneday community has been life-changing. I had a great experience with my mentor James,” he said. “Not only has his advice been extremely impactful for my business, but he actually helped me close a pre-seed funding round.”