EdTech start-up OneAcademy plans to become an industry leader within the expanding global e-learning market after receiving seed investment.
The Birmingham company is looking to further develop its software-based online platform for training providers, HE and FE institutions and education academies following an investment from StartUp Funding Club, a leading organisation in the UK’s early stage investment world that provides seed capital and support to promising British start-ups.
OneAcademy is a mobile-optimised platform, which is customisable with other industry standard tools in the education sector which has been developed at Innovation Birmingham.
It is led by Amir Shurrab, a recipient of the prestigious Chevening Scholarship, who has been recognised as a ‘world leading exceptional talent’ by the British government and Tech Nation.
“This investment from StartUp Funding Club will be crucial to our future development and will allow us to further refine our innovative solution to training providers around the world,” said MD Shurrab.
“For too long the process of training new employees through software has been fragmented and inefficient – we’re doing our best to change that.”
“Innovation Birmingham has been and will continue to be crucial to our expansion. It’s inspiring to be around likeminded entrepreneurs launching other businesses in other sectors.”
Since its inception in April 2018, OneAcademy has secured multiple contracts at the minimum viable product (MVP) stage, with global corporate training providers signing up to use the platform to train employees of Apple, Microsoft and the Dubai government.
OneAcademy’s training software is formulated upon a platform that combines a learning management system, virtual classrooms and an eCommerce system into one solution.
It enables training providers to create a new line of business for online learning while saving 60 per cent on technology costs.
It significantly reduces working hours thanks to its automation, providing an enhanced learning experience that streamlines the administration, delivery tracking and implementation of educational courses.
The company’s platform is able to meet the needs of customers with thousands of learners and has also a now has developed a SaaS version for training providers that cater to smaller groups of learners.
Dr Mohammad Nazir OBE, chairman of OneAcademy, eyes a massive global market for OneAcademy.
“I believe OneAcademy has a bright future thanks to its advanced digital technology, which is so easy to use, and a team of people behind it who are very passionate about making e-learning available to as many people around the world as possible in a way which is affordable, friendly, highly interactive and fun,” he said.