Jooble, one of the largest job search sites active in 69 countries, recently announced that it has invested $1 million in seed funding in EdTech startup JayJay, which is developing a digital career school in Indonesia.
According to the report, the investment in JayJay became the first business of the newly created startup studio Jooble Venture Lab.
The investment from Jooble will help JayJay expand its business and increase sales. The agreement provides for Jooble’s minority participation in the capital of the startup. In addition to financing, JayJay will receive support in marketing and technology, especially in the direction of Data Science.
JayJay is an online school for digital, creative and technical careers, launched in May 2021 by Vitaly Siomka, with recruitment assistance. It specializes in additional adult education, both in professional and recreational/hobby formats. The company’s goal is to help people achieve a digital career. The platform currently offers four online courses: Digital Marketing, UX Writing, Software QA Engineer and Digital Illustration, with plans to launch Full Stack Developer and Interior Design in the near future.
Speaking about the company and its mission, Founder of JayJay, Vitaly SyomkaHe said:
“In the next 10-15 years, we will see that the “offline services” of providing education will change radically under the pressure of a large inefficiency gap, thanks to technology and availability. Online education will become a rapid social elevator for the less protected sections of the population. The “digital world” continues exponentially grow. Everything will be digitized at a breakneck pace. So we predict that the next edtech boom will happen in Asia. Our startup aims to educate 1 million students in the first 3 years.”
Jooble has been operating in the online employment market since 2006. Over the years, the company has gone from a startup founded by two students to a global employment platform. Every day, the platform gathers vacancies from more than 140,000 sources from all over the world. The startup’s mission is to help people find work. He constantly works to make the recruitment process as pleasant and fast as possible, both for the candidate and the employer.
Commenting on the investment, Co-founder of Jooble, Roman ProkofievHe said:
“If you look at job titles in a relatively average company, you will find a large number of specialties that are not taught at universities. These are QA engineers, SMM managers, Digital Marketing professions and many others. If you want to work in digital fields, you have nowhere to study, despite the fact that these positions are well paid in the labor market, so we believe that companies like JayJay will enable you to significantly change the quality of life in modern areas through training and new work. to become the country with the largest occupational deficit in this area.”
Currently, the company is ready to invest more than 2 million dollars in new projects and is actively looking for entrepreneurs and startups that create products in the field of job search and professional development.
Jooble is active in the Indonesian market, with more than a million monthly users using its product. The product currently has a customer and is already generating revenue. JayJay will launch additional courses and expand the geography of educational services in the near future.
Do you like what we do?
The latest EdTech news in your inbox