5Mins AI secures £5m in a seed round led by AlbionVC to expand its customer base and product capabilities.
The seed round was led by AlbionVC with participation from Chalfen Ventures, Edenred Capital Partners, Portfolio Ventures and Blue Lion Global.
5Mins AI provides a gamified workplace learning platform featuring bite-sized lessons and intelligent personalisation. The service helps organisations improve employee engagement and retention through science-backed upskilling.
5Mins AI has secured £5m in a seed round led by AlbionVC to drive product development and expand its customer base. The financing saw participation from Chalfen Ventures, Portfolio Ventures, Blue Lion Global, Edenred Capital Partners and several angel investors. The fresh capital will be directed towards enhancing platform capabilities, such as skill analytics and API integrations, while growing its international reach.
Investor perspective
"5Mins sits at the crossroads of two massive shifts: employee engagement on one side and 'TikTokisation of everything' on the other. The impressive commercial momentum and next level user engagement the company has been experiencing in a short amount of time is testament that the market is craving for more personalised, engaging learning tools. Saurav has a lot of experience in the space which makes him uniquely well placed to disrupt this large broken market. We are so thrilled to be partnering with him and the whole team to achieve this ambitious vision!"
Nadine Torbey
Investment Director, AlbionVC
Use of funds
- 01Continue product development
- 02Expand into international markets
