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Connect Ventures leads training platform EduMe’s $1.8m round

Training platform EduMe has closed a $1.8m Seed round led by Connect Ventures, an investor in companies including Citymapper, Typeform and Marvel.

Based in London, EduMe is used by companies such as Uber in a bid to increase driver’s productivity and quality of service.

Alongside the funding news, EduMe is announcing the rollout of its platform by Uber in the UK and Germany.

Jacob Waern, founder and CEO of EduMe, commented on the news: “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.

“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% of the global workforce will be mobile by 2020 and 50% 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,” Bezza 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.”