MySkill, an EdTech platform that focuses on career preparation for youths, announced that it has secured an undisclosed amount in seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia.
The startup will allocate the fund to accelerate the platform adoption, as well as to further develop its solutions.
Co-founded by Angga Fauzan and Erahmat in 2021, MySkill provides solutions by combining three types of learning: Independent Learning, Interactive Learning, and Personalized Learning, as the startup believes the combinations can have a better output of the learning process. The platform democratizes the skill-upgrading and job-discovery for more than 70 million youth workforces in Indonesia.
Focusing on the career field, MySkill provides services in the form of digital products such as certified e-learning that can be accessed anytime and anywhere. E-learning from MySkill has a complete collection of materials and flexible access for a full year. It also offers a collection of trusted internship and job vacancies
Commenting on the funding, Co-founder and Chief Executive Officer of MySkill, Angga Fauzan, said:
"We are glad to receive this funding from East Ventures. The fund, where it will accelerate our mission in supporting job seekers in Indonesia to achieve their dream career. MySkill entered the market with innovative solutions that ensure a better learning output. where it will lead to creating a domino effect to bring more social and economic impacts in Indonesia."
MySkill claims to have more than 700,000 users in less than one year of operation, and currently provides three main learning solutions, including Private Mentoring, Interactive Bootcamp, and On-Demand E-Learning Video. The combination of these solutions provide a more in-depth learning experience, which would directly benefit and sharpen the users’ skills in landing their dream jobs.
Devina Halim, Principal, East Ventures, added:
"We are pleased to welcome MySkill as part of East Ventures’ portfolios. We believe MySkill will serve as the right solution in ensuring the readiness of both academia and skill of its users in obtaining their dream jobs. Seeing the huge gap that we are currently facing, we are looking forward to experiencing more growth as well as impacts brought by MySkill to the workforce industry in Indonesia."
The Indonesia-based firm has also partnered with various parties, such as government institutions, private companies, MSMEs, and even communities. In collaboration, MySkill and partners help young Indonesians in accelerating a vision.