Grasp: Online Learning Platform Company Receives $4 Million In Funding

By Amit Chowdhry • Aug 8, 2023

Online learning platform Grasp recently announced it has raised $4 million in seed funding led by Balderton Capital. This funding will further develop Grasp’s platform and expand the team with key hires in product, data science, and engineering.

Launched by early Revolut employees Ed Matthews and Jacob Sidorov last year, Grasp wants to increase the rate at which humans learn. And a decade from now, Grasp’s mission is to be the center of learning, taking anyone from novice to master in a field as quickly as possible.

As content creation gets easier and more accessible, the excessive number of online learning materials (already hard to manage) will become a maze impenetrable with existing tools. And while ChatGPT and TikTok can provide answers to quick queries, it is becoming increasingly challenging to find and access rigorous educational experiences. For individuals looking to comprehensively learn something, finding a structured course of high-quality resources, personally appropriate is painfully difficult.

As avid self-learners, Ed and Jacob are building the tools to tackle this challenge, providing users with optimal online learning experiences. And Grasp’s comprehensive educational platform will help people accelerate their learning, deepen their knowledge and expand their skill sets. Starting with modern vocational skills such as programming, there is already a waiting list for interested parties to sign up for beta testing.

With a passionate founding team and vital mission, Grasp has been hiring for several roles, including a product design lead, software engineers, and data scientists.

KEY QUOTES:

“The user experience as an adult learner sucks! Whether we’re learning to solve specific problems at work or trying to modernize our skill sets, learning is inconvenient, impersonal, and high friction. Team Grasp are the A-players fixing that.”

― Ed Matthews, Founder and CEO of Grasp

“We are excited to be working with Ed again on his highly ambitious plan to transform self-learning in a world where skill set requirements are constantly changing and people are hungry to learn and adapt.”

― Daniel Waterhouse, Partner at Balderton Capital