Proversity closes $1.5m investment round from RSBC

Digital university expands global reach with launch of Cape Town facility

Digital university Proversity has announced the completion of a $1.5m round of investment from international technology venture capital firm RSBC.

Founded in 2013 by Carl Dawson and Krishan Meetoo, the Startups 100 company is aiming to plug the skills gap by offering open education programmes delivered directly by employers and educators.

Proversity has worked on projects for a broad range of clients including the Bank of England, the British Army, Lloyds Bank and Family Mosaic, allowing professionals to learn new skills and develop their careers.

The investment will enable the company to grow its software engineering and content production with a new facility in Cape Town, adding to its global network of operations in London, Santiago and Boston.

Dawson commented: “The deputy high commissioner of South Africa has been kind enough to host this signing and give us an opportunity to thank the edX Team at Harvard & MIT, Wayra Unltd and Google Campus. A special thanks is also going out to the Duke of York for his support through the Pitch at the Palace initiative.”

Chris Kottnauer, partner RSBC GROUP, added: “The funds will be used to take the company to the next level by focusing on key recruits in the sales, digital production and technology teams as well as underpinning the global reach of the platform.”

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