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This edtech just got £2.5M to help students get a permanent job; plans London expansion in 2022

IconoClass

IconoClass, a French school that provide training in business development and covers students’ tuition fees until they are hired, has secured €3 million (approx £2.5 million).

The round was led by Brighteye Ventures and Mustard Seed Maze and joined by business angels including Cédric Sellin, Josef Bovet (SumUp, ex Tiller), and Bruno Sola (Business).

London launch in 2022

The funding will be deployed towards accelerating the company’s growth in France and Europe, notably with the launch of its first London location scheduled for January 2022.

The company is also planning to increase students per location from 60 to 200 and double down its workforce to 10. 

Four-month course

Founded in 2019 by Marie Taquet, IconoClass offers a four-month course in the area of ​​business development. The course is based on intensive practical learning with partner companies including, Doctolib, Deliveroo, Spendesk, and SumUp.

Furthermore, the company assures students a permanent job contract with one of its many partner companies at the end of the course. 

“By creating IconoClass, I wanted to offer an excellent education to as many people as possible, regardless of educational background and financial means. We’re proud of our pioneering role in intensively training valued and well-paid professions such as business development. This funding will allow us to speed up our strike force at a time when student precariousness is becoming an economic and social emergency that must be resolved efficiently,” said Marie Taquet, Founder and CEO of IconoClass.