Singapore-based edtech startup Skills Union has closed a $1.5 million seed investment round. Skills Union brings specialist vocational courses and degree pathways to students globally and strives to meet the needs of the rapidly growing tech sector by bridging 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, Carousell co-founder and CEO Siu Rui Quek, Ishreth Hassen, Sumardy Ma, Simin Zhou and Anvesh Ramineni.
Skills Union aims to become a global provider of university accredited courses that prepare graduates for tech companies seeking a qualified, digitally equipped workforce. The company offers courses in demand from high-growth companies, such as software development, user experience design and growth marketing, aimed at both consumer and business audiences.
“Skills Union represents a partnership between learners, universities and employers, delivering specialist online, part-time, vocational courses that accelerate careers and businesses,” said Skills Union CEO and co-founder Colin Mansell. “This investment gives us the lift-off we want to further scale our programs and impact the lives of many more students.”
Since its establishment in Singapore in 2020, Skills Union has partnered with institutions including Singapore’s Nanyang Technological University and London’s Ravensbourne University and created a growing network of university partners in the UK and US. The new funding comes at a pivotal moment for the rapidly growing online education sector, which is projected to reach $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 CEO of OES Denice Pitt.