Mate Academy is an EdTech startup revolutionizing Computer Science education, offering real-time, 100% online courses for free until employment. The company's mission is to help 1 million individuals worldwide pursue careers in IT. With a team dedicated to challenging traditional educational processes, Mate Academy provides a gamified, AI-friendly LMS platform where students can learn IT specialties. What sets Mate apart is its commitment to free education leading to employment, with students only paying 12% of their salary for 3 years after securing a job. This approach has yielded an impressive 80% job placement rate for graduates, contributing significantly to Ukraine's IT workforce. The company has achieved notable milestones, including the employment of over 3500 students and successful expansion into Poland in 2022, with plans for further international growth. Notably, Mate Academy has been recognized as a "Rising Star" in Europe by Atomico, Google for Startups, and Dealroom.co, and received a monetary reward from Google in 2022. With an annual growth rate of 2.5-3 times, the company's startup studio fosters innovation as employees can launch their own technological product ideas, such as the Cusbo messenger. Currently, the team consists of 140+ members known as "mates" and is continuously expanding, comprising individuals committed to driving positive change and helping others acquire new professions. The company's culture is built on the principles of acting in the best interests of Mate, taking full responsibility, remaining humble, and staying hungry for success. With a focus on hiring A-players, it prioritizes transparent communication, feedback, and trust within the organization, while steering clear of micromanagement. A noteworthy aspect is the stellar background of the founders, including Roman Apostol, formerly a team lead at Google and co-founder of Preply, and Anna Apostol, listed among Forbes' 25 Women in IT, along with Max Lysak, co-founder of the Lviv business incubator Startup Depot and the Lviv IT Arena conference. Mate Academy, with its foundation in 2015, operates within the EdTech, Education, and Information Technology industries, with headquarters in Poland. Its most recent investment, a grant, was secured on 01 December 2022, with Campus as the investor. This innovative company's commitment to reshaping IT education and empowering individuals to enter the workforce is evident in its impressive track record and future growth prospects.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | 01 Dec 2022 | |
Grant | Unknown | 1 | Google for Startups | 28 Mar 2022 |
Venture Round | $1.90M | 3 | 12 Nov 2021 | |
Seed Round | Unknown | 1 | 01 Nov 2021 | |
Seed Round | $50.00K | 1 | Ukrainian Startup Fund | 26 May 2020 |
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