Professional development is one of the hot areas for big corporates grappling with their millennials influx who are hungry to learn, so it makes sense that new platforms are now appearing to service this need.
Today, Learnerbly, a “curated professional development SaaS platform” based in London announces that it has raised £1.6 million in seed financing to create a so-called Development Management System. The round was led by Frontline Ventures, while other participants in the London headquartered start-up funding round include Playfair Capital, the Mayor of London’s London Co-Investment Fund (LCIF), Future Planet Capital and UK tech angels including Stephan Thoma, former Global Learning and Development director, Google; Renaud Visage, co-founder, Eventbrite; Jason Stockwood, CEO, Simply Business; and Claire Davenport, CEO, HelloFresh UK. It already has clients including IDEO, carwow, and ustwo
The founder and CEO is Rajeeb Dey MBE, a high-profile person in the UK tech community after previously founding Enternships, a portal which connected students and graduates to internships and graduate jobs in startups and fast growing businesses. For that he became a Young Global Leader (YGL) for the World Economic Forum in 2012 and the youngest recipient of the Queen’s Award for Enterprise Promotion in 2013.
Enternships will be the parent company/legal entity for Learnerbly, while Enternships will remain as a free to use, self-service jobs platform for startups/SMEs.
The idea is that Learnerbly allows SMEs to manage the development of their staff using personal development planning tools which flex around their personal needs. Employees are matched to learning opportunities and these are curated via peer-to-peer recommendations and insights from over 100 industry experts from companies including Google, Airbnb, AKQA and Unruly. Over 50% of the learning recommendations are either free or cheap to access.
The market for professional learning is highly fragmented…