Dubai-based edtech firm Qureos has raised US$3 million in a pre-seed round led by local early-stage investor COTU Ventures and New York-based Colle Capital.
Qureos founders (from left): Usama Nini, Mehrad Yaghmai, and Alex Epure / Photo credit: Qureos
Globivest, Plutus21 Capital, Dubai Angel Investors, and AlZayani Venture Capital also took part in the round, along with angel investors like current and former leaders of Swvl, Boston Consulting Group, Moelis & Company, Careem, Cisco Systems, and Koinz.
The edtech firm plans to use the fresh funds to build product-led operations and hire staff for offices in the United Arab Emirates, Pakistan, and India. Its team spans 11 cities and 10 nations and have had stints at Swvl, Cisco, Careem, Ernst & Young, Daraz, HSBC, and Aleph.
Founded in August 2021 by Alexander Epure, Mehrad Yaghmai, and Usama Nini, Qureos helps users in over 127 countries learn in-demand skills through cohort-based lessons from industry experts in accordance with the hiring demands of Qureos’ business partners.
See also: Indian edtech startup hopes to shake up lifelong learning in Southeast Asia
“Learning and hiring are disconnected and Qureos aims to leverage its unique position at the nexus of these two markets through an experiential learning community where emerging talent can learn from industry experts and gain experience through mentor-led hiring cohorts from businesses,” said co-founder Epure.
Through its proprietary performance-based hiring framework, Qureos said businesses could reduce their cost of hiring by up to 79% and the time taken to hire by 36%.
The platform has mentors from organizations like Google, PayPal, Amazon, Cisco, and over 100 business partners globally.
Editing by Samreen Ahmad and Arpit Nayak
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