Aptem secures £3m from 24Haymarket and Guinness Ventures to expand its EdTech portfolio.
The funding round was led by 24Haymarket to support product development in the skills sector.
Aptem provides software solutions for apprenticeships, vocational training and employability programmes. The company supports numerous training providers and educational institutions across the UK.
Aptem has raised £3m in a seed follow on round led by 24Haymarket, with participation from Guinness Ventures. The fresh capital will be used to evolve and expand the company portfolio of educational technology products to meet rising demand in the skills sector.
The business currently supports nearly 200 training providers, universities and colleges with a suite of products that includes Aptem Apprentice, Aptem Skills and Aptem Enrol. With a team of over 100 people based in London, the company continues to scale its operations to address the UK skills gap.
From the founder
"this investment by 24Haymarket and Guinness Ventures, both of whom have been long-term investors, partners and supporters of Aptem, is proof that we’re going in the right direction. These forward-thinking investors think our model and execution represent a real opportunity to support how vocational training and employability programmes are delivered and optimised using technology."
Richard Alberg
CEO at Aptem
Investor perspective
"The company has performed very strongly since we first invested in 2019 and we are delighted to be able to invest again at this juncture. Our view is that vocational training has a very important role to play in upskilling/ reskilling the workforce to bridge the UK’s skills gap. Aptem has established itself as a key player in this market; we look forward to watching the team grow the customer base and further develop Aptem’s functionality to deliver the next phase of growth!"
Jamie Dunnett
Investment Director, 24Haymarket
Use of funds
- 01Continue product development
