Lancify, an edtech startup that enables young people to learn new-age skills and become freelance ready in no time, has raised $300,000 in its angel funding round.
The Bengaluru-based startup secured the new funds from Colorado-based startup accelerator Techstars, youth’s media and entertainment company Under 25, Vir Kashyap (Former Babajob Executive), Hari TN (Head of HR at BigBasket), Brennan Loh (Executive at Shopify), Krish Ramachandran (Executive at Freshworks), Anil Advani (Founder of Inventus Law) and Ravi and Deepa Joshi (Founders of Keystone Logic), according to a press statement.
Founded in 2018 by Gowtham Sundaresan and Azan Barodawala, Lancify is building the world’s strongest young workforce by teaching young people new-age skills related to the latest SaaS tools. It enables young people to learn new skills, become an expert within short time and apply their new skill immediately on freelance projects.
Some of the popular courses that Lancify currently offers include digital marketing, design, analytics, and others. Each course is created and taught by handpicked industry experts, and they are designed in such a way so any learner can get to work right away. The company said it will add 10 courses in 2021 and grow its network of highly up-skilled youth.
Speaking about the company and at the same time highlighting the wrong in the education system, Gowtham Sundaresan, Co-founder and CEO of Lancify, said,
“You know something is wrong when a marketing student hasn’t heard of Hubspot until the first day on the job. The good news is, education is being democratized. And this is happening because employers all over the world are beginning to value actual skills more than degrees and certificates. This is where the opportunity for true innovation in edtech lies, and we’re super excited to be at the forefront of it.”
Lancify says its students learn how to manage social media the right way, run profitable paid ads, run a successful blog or newsletter, bridge marketing with analytics, strategize email marketing campaign, create app without code, build and design beautiful websites, automate workflows, integrate SaaS APIs, set up analytics dashboard, deliver actionable business intelligence, build design system, design graphics for social media, perform branding exercise, and professional UI design, among others.
Lancify is backed by Techstars and marquee angel investors. Earlier in April, the Colorado-based startup accelerator announced that it has concluded the training of its second batch in its Bengaluru cohort and has invested a total of $1.2 million in the 10 startups that were part of the class, which included Lancify.