At the current stage, cloud tech companies are facing a significant cloud skills shortage, making it hard to hire people and difficult to make sure their current workforce’s skills are up to date.
Australia- and U.S.-based Saasguru announced recently that it has raised a seed round of $4 million AUD (about $2.7 million USD) led by Square Peg Capital, along with returning investors Black Nova and Antler.
To narrow the talent gap, the company developed an edtech platform designed for new graduates and tech workers who want to become better at using cloud platforms like Salesforce or AWS.
Saasguru’s last funding was nine months ago, when it raised a pre-seed round of $1.3 million AUD. The company was founded in 2021 by Amit Choudhary, Atif Saad and Prateek Kataria. Choudhary and Saad sold their last startup SaaSfocus, a Salesforce consulting company, to Cognizant in 2018.
Saasguru claims that its product has been used by 40,000 students in 20 countries and has worked with 20 cloud consulting companies that want to train new workers, as well as refresh the skills of their existing teams. Its students range from new graduates who are starting their first jobs in cloud tech to professionals who want to earn more training certificates.
The search for people with cloud computing skills in the Asia-Pacific region is urgent, with a report by AWS showing that workers needed will triple by 2025, going from 37 million workers in 2020 to 109 million.