Seed7 November 2022

5Mins secures £5.1m in seed funding led by AlbionVC to expand its gamified workplace learning platform

The seed round was led by AlbionVC with participation from Chalfen Ventures, Portfolio Ventures, Blue Lion Global, and Edenred Capital Partners.

£5.1MSeed

A London-based gamified corporate learning platform delivering bite-sized professional development through a TikTok-style feed.

London-based corporate learning platform 5Mins has secured £5.1m in a seed funding round led by AlbionVC. Additional backing for the round came from Chalfen Ventures, Portfolio Ventures, Blue Lion Global, and Edenred Capital Partners.

The capital will be deployed to expand platform capabilities, including skill analytics and API integrations, while growing the company's global customer base. Founded in 2022 by former Perkbox co-founder Saurav Chopra, the platform addresses poor employee growth opportunities by offering engaging, bite-sized professional training.

The company has previously raised £1m in a pre-seed round in 2021, bringing its total funding to date to £6.1m.

From the founder

"Our mission is to help companies build a learning culture so their people can unlock their true potential, and we have come a long way in a short period of time. We are building the first global learning superapp that companies of all sizes can use to upskill everyone, improve employee retention and drive innovation."

Saurav Chopra

Co-founder and CEO at 5Mins

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 time is a testament that the market is craving 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 thrilled to partner with him and the whole team to achieve this ambitious vision!"