Overview of Scaler Academy
Scaler Academy is a professional upskilling platform designed to prepare professionals with the technical skills and knowledge required for the increasingly competitive technology industry. The platform combines deep learning, machine learning, data science, and software engineering in an immersive learning experience for professionals seeking Tech careers.
Scaler Academy recently raised $55M in Series B funding.
In this article, let’s dive deeper into Scaler Academy and understand what this platform offers.
What is Scaler Academy?
Scaler Academy is an upskilling platform designed to provide the required knowledge and skills for future-proofing careers in tech. It helps learners transition into in-demand areas of study such as cloud, AI, machine learning and data engineering. The platform offers a suite of self-paced courses, instructor-led classrooms, hands-on projects, practice exercises, and mock interviews. Throughout the program, learners are supported by real experts who help them stay motivated and on track to reach their goals.
Scaler Academy’s suite of tools are designed to help learners stay connected to the technology field by providing industry insights, resources for networking with peers and potential employers, feedback on projects from experts in their respective fields and much more. Additionally students have access to various career options ranging from entry level jobs to senior roles in tech companies. The platform provides comprehensive online support no matter what stage of career development students are in — from theory to implementation — which helps them build strong professional networks within the industry.
With its comprehensive program offerings, Scaler Academy enables professionals from all backgrounds to upgrade their skills and maximize their career potential. So whether you’re a beginner just starting or advanced professionals looking to upskill or specialize — Scaler Academy has something for everyone!
Overview of Scaler Academy’s offering
Scaler Academy is a one-stop professional upskilling platform that provides professionals with the necessary skills and resources to pursue their career goals. It provides intensive learning programs such as courses, mentorship, career advice, and industry networking opportunities. Through its offerings, Scaler Academy prepares Master Learners equipped with the competencies they need to advance to higher-paying jobs and succeed in the workplace.
This comprehensive platform has helped learners from different backgrounds learn the necessary skills to embark on their chosen careers. Moreover, it has made it easier for them to gain hands-on experience applicable to their field of choice. This includes offering interactive programs such as simulations, case studies, and collaboration with data science teams.
In addition, Scaler Academy provides a structured learning environment where Master Learners can hone technical and soft skills to succeed in their desired profession. This involves preparing them for job interviews through mock sessions, developing key communication techniques, and teaching leadership techniques. Also, it covers a range of topics including computer science fundamentals, engineering basics, project management principles, and more.
Furthermore, Scaler Academy offers personalized guidance as each learner progresses from one level of learning to another. Its instructors also assist when needed for learners to reach various milestones. Finally, it offers incredible opportunities for individuals looking out into the future and wanting to change the current status quo of education while keeping pace with technological advancements.
Professional Upskilling Platform Scaler Academy Raises $55M In Series B Funding
Professional upskilling platform Scaler Academy announced today that it has raised $55M in its Series B funding round. Sequoia India led the funding, joined by existing investors such as Unitus Ventures, Nexus Venture Partners, and Endiya Partners.
This funding round brings their total raised capital to more than $70M after the $15M Series A announced in 2020. The funds will be used to develop their current offerings and expand their reach to new regions.
Details of the funding
Scaler Academy, a professional upskilling platform, recently announced closing its Series B funding round and raising $55M. This investment was led by major Venture Capital firms such as General Atlantic, Blume Ventures, Naukri.com, Goldman Sachs Private Capital Investing (PCI) and Realised Ventures.
The Series B funding will accelerate product development of the Scaler Academy suite of products and services for students and businesses to upskill in Data Science, Software Engineering, Design UI/UX and other leading-edge technology-related courses. This includes investing in international expansion for Scaler Academy’s AI-powered content recommendations engine that precisely tailors courses to one’s career advancement needs across any domain.
In addition to scaling its community of students globally over the next 12 months, this investment will also help fund the ‘Twice Your Salary Quest’ program— an initiative designed to double graduates’ salaries when they join their chosen organizations after successful completion of their Scaler Academy course. This program is operational in over 25 countries across three continents and is expected to expand further with this new funding round.
Purpose of the funding
Scaler Academy, an upskilling platform, recently announced that it has raised $55 million in Series B funding. The funds will be used to develop its professional learning platform, which provides verified certification in critical skills like artificial intelligence, software engineering and more.
Coatue Management led the Series B round with participation from existing investors Elevation Capital and Lightspeed India Trust. Other new investors participating were Owl Ventures and Tekne Capital. The investment adds Scaler to the list of highly regarded education companies that have achieved notable milestones in scale, customer traction and technology innovation within the ed-tech industry.
Scaler plans to use the funding to expand its team and invest in product development initiatives. In addition, it aims to create engaging learning experiences for professionals looking for more direct pathways for career growth and employability. Scaler also plans to accelerate its expansion efforts into new international markets such as the US and European markets, launching relevant courses across countries where demand exists, as well as continuing outreach efforts such as ambassador programs, events and data-focused research initiatives all designed around helping learners reach their full potential via upskilling on the platform.
Impact of the Funding
Professional upskilling platform Scaler Academy recently raised $55M in Series B funding.
This round of funding further solidifies Scaler’s position as a leader in the online learning sphere and will help to promote the development of new cutting-edge technologies.
With this new source of capital infusion, Scaler Academy is poised to make a lasting impact in the industry.
Expansion plans
With the most recent Series B funding, Scaler Academy will focus its efforts on expansion plans to roll out its upskilling platform to many more professionals from various industries. Plans have been made to promote its AI-driven technology and make it accessible to more learners, ensuring widespread impact for professionals. In addition, the new funds are expected to fuel the launch of its pilot programs internationally and drive the business development initiatives for global growth.
In addition, Scaler Academy has plans to focus on innovating and streamlining the delivery of learning materials, emphasizing interactive content and strong instructor guidance. This additional funding has enabled Scaler Academy to further develop their services and widen their reach as they embark upon a new mission towards creating world-class learning experiences that make professional self-paced upskilling easier than ever before.
Increase in hires
Scaler Academy’s Series B funding of $55 million will be invested in expanding the range of learning programs and resources available. This is expected to have a significant impact by helping professionals develop the skills they need to enter new fields. As a result, more companies will have access to a larger pool of highly qualified candidates, increasing their hiring rate and the ability to better fill their talent acquisition needs.
The funds from this round also allow Scaler Academy to further develop its existing platform. The platform technology enhancement will include further development and customization for specific roles or industries that learners can choose from according to their interests and preferences. Additionally, expansion of courses will offer teaching for technology-driven competencies such as artificial intelligence (AI), machine learning, robotics process automation (RPA) and blockchain — enabling learners the ability to update their existing skills or move into an area that excites them but may not otherwise have been available without completing formal education degree courses.
Benefits of Scaler Academy
Scaler Academy, a professional upskilling platform, recently announced a Series B funding of $55M. This platform provides specialized courses for developers and technologists, allowing them to level up their skills with industry-relevant tools.
In this article, we’ll explore the benefits of Scaler Academy and why it has become so popular lately.
Professional upskilling
The professional upskilling offered by Scaler Academy has become the global standard for helping people acquire knowledge and skills for the digital-first world. As a comprehensive learning platform, it bridges the gap between academia and industry by connecting consumers to latest technologies, tools, and industry-relevant problem sets. Additionally, it helps professionals gain up-to-date cutting-edge technology skills while simultaneously honing soft skills necessary to become full-stack professionals.
The end-to-end digital learning platform provides learners with an immersive hands-on learning experience employing proprietary methods like ‘Learn Projects’ which enable learners to compete in vibrant communities, work in teams on hackathons & build projects with real outcomes. Furthermore, their extensive library of resources is accompanied by local mentorship & community support with personalized course modules designed considering the learner’s current competence level.
Finally, as a part of their commitment to making upskilling accessible & inclusive for all individuals aspiring to attain technical excellence & reach their career goals; Scaler Academy offers generous access via subsided/scholarship based models enabling learners from all walks of life a level playing field to enhance their employability or progress over from skill acquisition courses that promise to make them job ready in 8 weeks.
Easy access to courses
Scaler Academy provides easy and seamless access to courses that cater to individuals looking to upskill professionally. The platform offers both college level and industry-level courses with an emphasis on tech. In addition, it offers both self-studying and instructor-led courses, with dedicated mentor support in both. All the courses are designed based on practical industry needs. The learning experience is augmented by case studies, whiteboard sessions, project assignments, mentorship sessions and realworld projects based on live product releases.
The platform’s registration process is also quite easy — users can register directly on their website or via the mobile app available for Android & iOS users. Once registered, you can choose various course options such as bootcamps, acceleration programs or specialized product management levels. Once enrolled in a course program, you get access to a wide range of learning materials including video recordings of learning classes, assignments for practice and assessment tests for quality-check. The course fees are also quite reasonable depending on the type of program/course opted for. Tuition assistance options are also available for those who need it most.
Flexible learning options
Scaler Academy offers a learning platform that allows professionals to learn in their own time and pace. By enabling access to specialized courses at any given time, Scaler Academy allows learners to arm themselves with the latest skills to stay competitive in the quickly changing landscape.
The courses available on Scaler Academy can be accessed from anywhere, which makes it a viable option for those with busy schedules or who travel frequently. Learners can choose from self-paced learning programs under the guidance of experts or opt for a custom corporate training program tailored as per their needs. The platform also provides interactive video lectures and live office hours with mentors, which help learners stay motivated and get answers to any doubts they may have while learning.
In addition, its adaptive group discussions, personalized projects and real-world challenges help enhance collaboration skills without the need for going through physical classroom sessions. Learners are also equipped with assessment tools to evaluate their progress and more effectively prepare them for upcoming products or services in their respective industries.
Closing Remarks
Scaler Academy’s recent Series B Funding round of $55M attests that the company is a promising startup with a bright future. It also highlights the demand for online learning platforms and provides a great opportunity to bridge the employability gap.
In this article, we will look at the funding details and its implications for Scaler Academy.
Summary of the article
Scaler Academy, a professional upskilling platform for technology workers, has announced the conclusion of its Series B funding round, raising $55 million. The term sheet includes participation from private equity firm General Atlantic, Madison India Capital and SAIF Partners; it brings the total amount of capital Scaler has raised to $72 million.
The platform was founded by CEO Vinayak Jain and Amit Sharma in 2018 and began as a coding boot camp that prepares entry-level job-seekers for software engineering roles. It later expanded to include online upskilling courses taught by industry professionals. Scaler offers interactive training modules on artificial intelligence/machine learning, cloud computing, cybersecurity and blockchain technology. The platform boasts over 30,000 students across 130 countries around the world.
The new funding will fuel business growth and provide further educational opportunities around applied technologies that are changing how companies operate and individuals pursue meaningful career paths in tech. With this new infusion of capital, Scaler plans to expand its course offerings while focusing on improving the scalability of their systems with an emphasis on personalization.
This latest round of funding solidifies Scaler’s position as one of the leading players in the global technology upskilling space. Furthermore, it highlights their ambition in creating impactful solutions for professional development.
Outlook of Scaler Academy
The latest funding round for Scaler Academy is a welcome development that showcases the company’s continued progress in providing a comprehensive upskilling solution to professional learners. The capital will be used to expand the company’s international presence and extend the reach of the Scaler Academy platform, which offers live online courses, learning initiatives, and content pieces from leading industry professionals.
Scaler Academy is on track to become a major global digital skills development player. Its cutting-edge learning solutions have already been taken up by leading organizations such as Accenture, Capgemini, and Google. Growth projections indicate that this market stands to be worth $350 billion by 2025 — with Scaler Academy well placed to capitalize on this potential.
The company’s mission to bridge the gap between industry requirements and job seekers’ skillsets aligns well with growing demand for relevant industry know-how across both established markets such as Europe, US & Asia Pacific as well as emerging markets like South America & Africa — offering potential for scalability in its business model down the line. With a secure capital injection and experienced leadership at the helm, Scaler Academy is expected to play a prominent role in developing better digital skillsets among professionals looking to succeed in an increasingly competitive jobs market.
