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Data Literacy Academy raises more than US$500,000 pre-seed funding to advance its mission to close the data skills gap

Data Literacy Academy raises more than US$500,000 pre-seed funding to advance its mission to close the data skills gap

EducationTop StoriesUnited Kingdom

Data Literacy Academy, which transforms organisations through data literacy upskilling of all employees, has raised more than half a million dollars in its pre-seed funding round, for its online learning platform and change programme services, which has been led by Haatch Ventures.

The $525,000 funding will be used to accelerate go to market across Europe, North America and the Middle East, as well as grow the international network of educators.

Data Literacy Academy – whose mission is to help 10,000 businesses achieve data literacy by 2030 – offers educational courses for people at every stage of the data literacy journey. Working directly with data leaders in a business, it supports them to roll out a data literacy programme at scale across all teams.

The UK Business Data Survey 2022 found that 85% of all UK businesses handle digital data, rising to almost all for those with 10 or more employees. Despite this, there is a dearth of data skills, with around a quarter of businesses saying their sectors have insufficient data skills and almost half (46%) of businesses admitting to have struggled to recruit for roles that require data skills.

Upskilling and empowering employees to be more data literate has a multitude of benefits, including improved decision-making, more innovation and productivity and better employee and customer experience.

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