Changing the way you learn and work, Qureos is all in with $3M to spruce up its leaning-to-earn platform
A UAE-based Edtech startup Qureos grabs $3M pre-seed funding to accelerate the growth of its learn-to-earn platform for direct mentorship with people.
The Edtech startup was founded in August last year by Usama Nini, Alexander Epure, and Mehrad Yaghmai with the aim to make mentorship easily approachable to people who are looking to switch jobs or begin their careers. The pre-seed funding round was led by COTU Ventures which is Dubai-based and Colle Capital which is New York-based which also assisted Swvl last week through an acquisition company.
The platform received investment participation from both regional and global investors including Dubai Angel Investors, AlZayani Venture Capital, Globivest, Plutus21 Capital, and other angel investors including current and former leaders of Swvl, Moelis & Company, Message Bird, Boston Consulting Group, Hiperpool, and many others.
The platform will be using the funding for a marketing drive to enhance awareness and uptake of the platform. Qureos CEO Alexander Epure shared:
“The experience that we have at Qureos is about learning from others and from industry experts, and through project-based learning or case study solutions,”
At Qureos, practical tasks are assigned to the trainees which they solve mutually in a group on behalf of client companies. Trainees do pay a fee. However, the companies pay the subscription charges that are based on the type of job posting.
Until now, the Edtech startup has gained 25,000 trainees, 300 business partners, and 200 mentors from giant companies like Amazon, Google, and Cisco that are using this platform.
The rising popularity of Edtech technology has become a new digital revolution in the business world today and replaced traditional teaching. Considering the importance of Edtech technology, software industries are now offering customized Edtech software solutions to improve the content to meet the needs of students.
Victoria Grace, Colle Capital founder, and managing partner shared:
“We see tremendous opportunity in Qureos’ mission to bridge knowledge gaps and upskill professionals through leveraging the extraordinary pathway with direct mentorship. Simultaneously, this platform provides a fantastic opportunity for highly-skilled individuals to directly monetize their knowledge, compounded by distinct network effects, and for companies to access high-quality and motivated pools of talent.”