Growth School Live Learning Platform Raises $5M in Seed Funding
Live-learning platform Growth School has raised $5 million in a seed fund led by Sequoia Capital India, Owl Ventures. More than 80 angel investors including entrepreneurs like Kunal Shah, Nikhil Kamath, Ritesh Agarwal, Tanmay Bhat as well as some international angels like Austen Allred (Founder of Lamda School), Shaan Puri, Eric Siu also participated in the round .
Growth School plans to use the funds to expand its team and build a robust technology platform. The startup plans to venture into new markets and as part of this foray, as well as explore the metaverse for education.
Founded in 2020, as a company bootstrapped with a six-member team, the start-up aims to bridge the gap between industry requirements and the existing academic curriculum through its community-led cohort programs. “The programs are organized to teach work-relevant skills in a short period of time so that students are immediately employable,” he explained.
The platform partners with professionals who are the leaders and influencers in their fields and offers four-, eight-, and 12-week professional programs.
Vaibhav Sisinty, Founder of GrowthSchool, said, “I’ve spent the past two years training over 100,000 people in growth marketing, and that’s when I realized most candidates wanted concrete skills they could use to produce immediate results in their careers.
“When someone is actively looking for a job, they don’t have the luxury of following a long-term program that spans several months. That’s how I founded Growth School, with a mission to help people get the best skills upgrade from the best professionals in the industry, in the shortest possible time. Our goal is to be the go-to platform for learners around the world to learn skills from the 1% of industry experts,” said Sisinty.
Kriti Bansal, Owl Ventures said, “We believe the Growth School has the potential to fundamentally change the way learners hone their skills and prepare for their personal and professional lives today. Growth School’s live learning platform has quickly gained the trust of a growing community of over 200,000 users as lifelong learning becomes increasingly important to stay competitive in the new digital economy. By teaching highly relevant topics in short bursts from top subject matter experts, GrowthSchool builds the go-to global platform for skills development.
So far about two lakh users have accessed Growth School programs. It offers programs such as UI, UX, Performance Marketing, how to become independent, how to create and sell your NFT, how to invest in crypto, how to start a D2C business.
As part of its next stage of evolution, Growth School aims to expand the range of programs it offers as well as expand its reach beyond India. This phase will be led by the company’s executive team with Sidharth leading product and design (ex-Headout, Instamojo), Manu Raghavan heading engineering (ex-Altana), Rajat Sharma as Head of Sales (ex-Vedantu, Toppr) and Bharat Pinnamaraju as Head of Sourcing. (formerly Blume Ventures).
January 27, 2022