Turing College funding

Turing College, a Lithuanian EdTech company that offers alternative digital skills training and assists people into the professional sphere, has raised $1.05 million in a seed round led by Iron Wolf Capital.

The round also witnessed participation from Spring Capital as well as a number of angel investors including Juan Benet, founder of Protocol Labs, and Outschool co-founder Mikhail Seregine.

With the latest funding, the company plans to establish new learning communities in the Netherlands and Estonia.

Turing College provides income-sharing agreement-based learning courses and job assistance solutions for students. It also offers full-time and part-time data science learning certification programs. The platform has proven its training methods to be efficient and effective.

Founded in 2020 by Lukas Kaminskis, Benas Sidlauskas, and Tomas Moska, the Vilnius-based startup's Data Science course features a curriculum co-created with leading tech companies providing its learners with training that is 100 percent matched to market needs. The course gives its learners the real-world skills and practical experience they need to be job-ready, even before graduating from the course.

Commenting on the funding, Founder and CEO of Turing College, Lukas Kaminskis, said,

"Our learning platform is now developed and successfully road-tested. This means it is now time to bring our offering to other countries across Europe. Initially, we will be focusing on the Netherlands and Estonia. Because we are community-based, and (conditions permitting) our program includes physical meetups and social events, rolling out our offering means building new communities of learners in the countries we are expanding to."

The Turing College learning platform is another unique feature of this program. This online personalized platform contains and supports all of a learner’s projects, standups, sprints, code reviews, retrospectives, and one-on-ones allow learners to customize their entire learning experience all in one space.

Kasparas Jurgelionis, Managing Partner, Iron Wolf Capital, has said,

"We are excited to be supporting Turing College in their continued growth and development. They already have 3 cohorts and their learners are getting hired, so it is clear that the concept works. And the team has proven itself to be diligent, adaptable, and forward-thinking, so we have no doubt they will be successful in their roll out to new markets."

While constructed around a self-paced model, Turning College estimates coursework to conclude in approximately 9 months. Upon graduation, the company has hiring partnerships in place with a number of major players in the tech, biotech, cybersecurity, and aviation industries and provides active assistance in putting students’ new knowledge to good use.

The company has claimed that 21% of its students have already secured gainful employment upon completion of their studies.

Turing College is a member of the Y Combinator program and has received $2.575 million in funding to date. It has launched 3 cohorts of data science learners so far, and currently has 70 learners from Lithuania, the Netherlands, Serbia, Ireland, Nigeria, and Latvia progressing through its course.

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About the Author
Author: Shalini Pathak
Shalini Pathak Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.

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