Global EdTech firm Virtual Internships closes $14.3M Series A funding round led by Hambro Perks
2022-09-16 13:59:35

Virtual Internships, a Vietnam and United Kingdom-based EdTech company, announced recently that it has raised $14.3 million in a Series A round of financing led by Hambro Perks, with the participation also from Sequoia India, Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures, and STIC Investments.

According to the company, the capital will be used to further scale its education platform as demand for remote work and learning continues to grow.

This round was made up of investors across three continents, reflecting the business’ ambitions to continue to expand the platform internationally.

Virtual Internships is backed by some of the world’s top investors who were early investors in companies such as LinkedIn, AirBnB, Zoom, WhatsApp, Udemy, ApplyBoard, etc. 

Last year in July, the company raised $2.5 million in a funding round led by Sequoia Capital India’s Surge, with participation from 500 Startups, iSeed, Arc Impact and Hustle Fund.

Founded in 2018, Virtual Internships ensures intelligent, rapid matches between students and companies globally, guaranteeing an internship match for every student within one month, regardless of their background, major, location, or desired career field.

“We should embrace the opportunities that this presents, and platforms like Virtual Internships help students and graduates from around the world to acquire new skills that will accelerate their career growth and prepare them for the 21st-century workplace,” said Daniel Nivern, Chief Executive Officer of Virtual Internships.

The company claims that it has provided programs across all industries in more than 100 countries, creating opportunities for the more than 250 million students in higher education worldwide to undertake a virtual internship.

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