EdTech startup Microverse, an online school for remote software developers, has doubled its valuation with an extension of $4 million to its Series A round. This brings the total Series A to $16.5 million. The extension came from existing investors Northzone, General Catalyst, All Iron Ventures and business angels, and is further complemented by new investor, True Equity.
The new funding has more than doubled the company’s valuation and will enable them to keep building on their mission of connecting international talent to job opportunities worldwide. The investment will also allow Microverse to continue to scale and meet soaring demand. The company expects to double its team over the next 18 months to continue helping unlock more of the world’s untapped potential.
Microverse links students across the globe, with a focus on developing countries, by bringing together skills and opportunities in the fast-growing technology sector. It teaches students to code through collaborative, cohort-based learning and offers a curated curriculum tailored to prepare them for the world of remote and international work. Africa and Latin America make up 75 per cent of the students,
