Prytek Invests Over $100M In Digital Skills Training Platform ThriveDX To Accelerate Growth & Expand Overseas

Prytek Invests Over $100M In Digital Skills Training Platform ThriveDX To Accelerate Growth & Expand Overseas

Prytek Holdings Pte. Ltd. ("Prytek" or the "Group") has completed a strategic investment in ThriveDX (formerly HackerU), a leader in digital skills training, signaling the closing of a significant round of funding.

Prytek, a global technology and investment corporation, has doubled-down on their strategic investment in ThriveDX, bringing Prytek's total investment in the company to over $100 million.

The latest round of investment will allow ThriveDX to accelerate its expansion into the US, Europe and Asian markets bringing much needed cybersecurity and digital skills training to help close the global digital talent gap.

Prytek is a global technology and investment corporation. Managed by Andrey Yashunsky and Arnon Shiboleth together with the chairman, Yair Seroussi and the co-founder, Igor Rybakov. It builds vertical integrated value-chain-solutions for universities and financial institutions, and by that, creates impact across industries.

Commenting on the latest development, Co-CEO of Prytek and Director at ThriveDX, Arnon Shiboleth, said, "ThriveDX is a company with exceptional global capabilities in the field of education with a unique model. Prytek recognized its capabilities back in 2018, which was a local company starting to expand globally, and since then we have had the honor of working closely with management and supporting its exponential growth and global success."

Prytek began supporting ThriveDx in early 2018, when it invested about $20 million to initiate the company's global expansion especially to the US and since then has formed an integral part of the management of ThriveDX, supporting it in its M&A activities and in building scale.

Founded in 2016 by Gil Adani who has served as CEO of the company since its inception, and serial entrepreneur Dan Vigdor, ThriveDx is the mission-driven EdTech firm operated exclusively in Israel for the first 10 years.

ThriveDX partners with top-tier academic institutions and corporations worldwide to offer advanced, professional development programs in digital technology. In collaboration with top global Institutions, the company offers cutting edge skills training in the most in-demand digital career paths such as cyber and information security, digital marketing, software engineering, data science and analytics, UI / UX and more.

CEO and Co-founder of ThriveDX, Gil Adani, added, "We are grateful for Prytek's expression of trust. Since Prytek's first investment about three years ago, the company has changed its face beyond recognition. As a result of the collaboration and support, the company has developed rapidly and has been able to successfully penetrate the international markets."

ThriveDX works with over 20 top tier universities around the world. By providing equity in access to the most in demand digital skills, the company leads the market in increasing the digital talent pipeline across the globe. The platform also operates a separate and unique, one of a kind SaaS platform. The ThriveDX SaaS division, specializes in supplying a comprehensive end to end solution to enterprises, encompassing all of its cybersecurity training needs in one all-inclusive cyber training SaaS platform.

The company also supplies cyber and digital transformation consulting and custom programs to businesses and government bodies in diverse technological fields. These businesses and entities include Toyota, KPMG, Microsoft, SAP, Intel and more. ThriveDX employs over 2,000 people globally and impacts the lives of tens of thousands of learners.

Prytek has rapidly grown into a multinational technology and investment corporation with a focus on building and investing in technologies and delivering managed services in the Financial Services, Cyber & Tech Education, and HR sectors. The firm has invested over $400 million in its companies and in technologies globally, services more than 250 clients and maintains offices in eight locations worldwide.

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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