Foundley

Foundley is a UK-based startup that aimed to bridge the gap from Education to Employment. Despite being a failed startup, it successfully completed its project by helping over 1000 students gain work experience. The company managed to raise $200K USD pre-seed investment, which was later returned to the investors. Foundley eventually shut down due to team fatigue and life circumstances. The startup's core focus was on serving three main stakeholders: students, startups, and universities. For Students, Foundley offered career-relevant work experience, connections with suitable employers, and direct learning from industry experts. Startups were provided with the opportunity to connect with junior talent, outsource tasks and micro-projects to students, and track their performance. Additionally, universities could benefit from Foundley by enhancing their students' employability, gaining insights into their performances and career paths, and keeping track of their alumni. While the startup did not achieve sustained success, it demonstrated potential in addressing the critical issue of connecting education with the job market. However, the closure indicates challenges in execution and sustainability. Despite the closure, Foundley's impact on student work experience and the connections it facilitated between education and industry underscore its significance in the education and social media industries.