Qureos, a UAE-based edtech and distant work market that’s altering how individuals upskill and get jobs throughout the globe, plans to develop the uptake of its platform by 10 occasions this 12 months in its race to create 100 million jobs over the following few years. The startup has right this moment introduced closing a $3 million pre-seed funding to speed up this development.
Qureos was based in August final 12 months by Alexander Epure, Mehrad Yaghmai and Usama Nini in a bid to make mentorship extra accessible to people which might be beginning out of their careers, or need to change jobs.
The startup has gr3own right into a platform that enables cohort-based synchronized studying led by business specialists (mentors), who use the platform to monetize their experience.
Qureos additionally matches the trainees on its platform with initiatives of their respective fields of research.
“The expertise that we’ve at Qureos is about studying from others and from business specialists, and thru project-based studying or case research options,” mentioned Qureos CEO Epure, who along with Nini are ex-Swvl staff.
Epure added that Qureos studying is a shift from self-paced large open on-line programs (MOOC), which he mentioned are sometimes exhausting to scale as a result of they require fixed updating.
At Qureos, trainees are assigned sensible duties to resolve in teams on behalf of shopper firms.
“Everybody submits their work, will get suggestions, a ranking and reflection from the mentors. As such, you be taught from friends and from the most effective on the earth,” mentioned Epure.
Up to now, Qureos has attracted over 25,000 trainees, 200 mentors from big-tech firms like Google, Cisco and Amazon, and 300 enterprise companions which might be utilizing its platform to finish duties.
Trainees pay a price whereas firms pay subscription fees based mostly on the frequency and forms of job postings.
The startup’s user-base originates from 133 nations, with about 32% being from Africa, and primarily residing in South Africa and the North Africa area.
Epure mentioned they’re creating new studying and work alternatives for the thousands and thousands of youth within the technology Z and millennial demographics, who’re vastly unemployed or underemployed because of an absence of marketable abilities which might be typically not taught in conventional curriculums. The startup was lately chosen by Dubai Future Accelerators to resolve the talents hole of the unemployed and people getting into the job market.
On the similar, Epure mentioned that the platform helps firms reduce down the price and time spent in hiring new workers by as much as 79%, as potential employers can rapidly recruit new expertise based mostly on the outcomes of initiatives executed by trainees.
The pre-seed spherical was led by Dubai-based COTU Ventures and New York-based Colle Capital — which helped Swvl go public last week via a particular goal acquisition firm.
Colle Capital founder and managing accomplice Victoria Grace mentioned, “We see great alternative in Qureos’ mission to bridge data gaps and upskill professionals via leveraging the extraordinary pathway with direct mentorship. Concurrently, this platform gives a implausible alternative for highly-skilled people to straight monetize their data, compounded by distinct community results, and for firms to entry high-quality and motivated swimming pools of expertise.”
The spherical additionally had participation from world and regional buyers, together with Globivest, Plutus21 Capital, Dubai Angel Buyers, and AlZayani Enterprise Capital and a variety of angel buyers together with present and former leaders of Swvl, Boston Consulting Group, Moelis & Firm, Careem, Cisco Methods, Koinz, Message Chicken, Bain & Firm, Hiperpool, ADNOC, QIA.
Qureos is planning to make use of the funding for a advertising and marketing drive to extend consciousness and uptake, after a interval of ‘natural development’.
“Now we have a worldwide footprint right this moment and to maintain it shifting ahead we’re constructing a crew to assist us with our development plans, and this consists of constructing totally different types of consciousness advertising and marketing. We even have an aggressive plan to strengthen our know-how and product,” mentioned Epure.
“The imaginative and prescient is to create an ecosystem that has a validated and distinctive approach of studying that additionally ensures that trainees have entry to world class mentors.”