Oneday, a London, UK-based edtech startup that is disrupting the conventional higher education sector in the UK by developing a formal education system around entrepreneurship, raised $6.2 million in Series A funding.
The round was led by Ananda Impact Ventures and Brighteye Ventures, along with Outward VC, Flint Capital, and Sparkmind.vc.
The total amount raised by the company to date is $10.2 million and the recent secured investment will be used to introduce an accredited MBA program.
Ranbir Arora, founder, and CEO of Oneday said, “Following successful fundraising of $6.2 million, we are hugely excited to launch our new MBA programme, which is just the first step in creating a broader education system around entrepreneurship. It’s clear to see that AI is fundamentally taking over routine knowledge work jobs, and at Oneday, we see this as an exciting opportunity to reposition our society into solving new problems for humanity through creating new businesses, instead of teaching students how to do things we already know how to do.”
Over 2,000 students have already launched their businesses through Oneday’s platform, which enables them to earn an accredited MBA degree while simultaneously building a profitable, revenue-generating enterprise.
Company: Dorm Limited
Round: Series A
Funding Month: May 2023
Lead Investors: Ananda Impact Ventures and Brighteye Ventures
Additional Investors: Outward VC, Flint Capital, and Sparkmind.vc
Company Website: https://www.oneday.io/
Software Category: EdTech Platform
About the Company: Founded by Ranbir Arora and Taras Polik in 2012, Oneday is an edtech platform that is disrupting the conventional higher education sector in the UK by developing a formal education system around entrepreneurship. Oneday focuses on providing practical, real-world experience that prepares budding entrepreneurs for the challenges and opportunities of the modern business landscape. The company’s goal is to reimagine education for the 21st century, where knowledge-based jobs are increasingly being replaced by AI, rendering rote memorization and essay writing less relevant.