FourthRev secures £2.3m in seed funding led by Reach Capital to scale its digital education platform.
The London-based education technology company raised the capital from backers including Reach Capital and Emerge Education to expand its team and platform.
FourthRev builds digital skills programmes in partnership with universities and technology companies. The company creates Career Accelerators to bridge global employment gaps.
London based digital education start-up FourthRev has secured £2.3m in a seed funding round led by US specialist investor Reach Capital. Existing backer Emerge Education participated alongside Dunce Capital, with additional support from angel investors including Craig Pines and Charlie Songhurst. The capital will be directed towards platform development and expanding the global workforce across the UK, Australia and the US. The firm brought forward its fundraising timeline following a surge in demand for online learning throughout the previous year.
From the founder
"Having the backing of Emerge Education and Reach Capital who are behind some of the leading innovators in our industry, confirms our approach and ambitions for growing digital skills globally. It’s our hope that with this the investment, we will be able to build on our unique global partnerships and our world-class online learning experiences, to unlock the opportunities which a digital economy offers society and address this growing problem of our time."
Jack Hylands
Co-Founder at FourthRev
Investor perspective
"We believe work-integrated learning solutions like FourthRev will continue to gain traction as learners seek experiences that combine academic learning with in-demand skills. We look forward to partnering with Hylands and de Silva, whose global networks and experience across education and technology make them uniquely positioned to bridge the gap between higher education and industry."
Shauntel Garvey
Co-founder and General Partner, Reach Capital
Use of funds
- 01Continue product development
- 02Grow the team
