The EdTech scale-up has raised £450k in a convertible loan note led by Scottish Enterprise to fund its entry into North American markets.
"I had to give presentations 2 or 3 times a week as part of my degree. I was getting so frustrated spending hours preparing every week only to forget key information during my presentation."
The financing round saw participation from figures such as Huda Kattan and Chad Hurley.
"Democratising access to education is something I care deeply about and so does the team at Uptime. I’m excited to be joining them on this journey as an investor and board member to create a truly global edtech platform."
The seed round was co-led by Giant Ventures and Armilar Venture Partners to support expansion into the UK and Europe.
"We are incredibly excited to have secured such high calibre investors and to have received the continued support of our existing investors, who all believe in our mission of removing barriers to education and empowering economic mobility. With StudentFinance, it takes an average of just four months for reskilled students to find more lucrative employment compared to the UK market average, where the majority of graduates only find employment up to 15 months on from completing their studies. The pandemic has only reinforced the need for solutions that enable people to access quality education to secure employment opportunities and we are making it a reality."