Oneday, a London-based first formal education system built for entrepreneurship, has raised $6.2 million (€5.7 million) in its Series A round led by Ananda Impact Ventures, Brighteye Ventures, Outward VC, Flint Capital and Sparkmind.vc. With this investment round, the startup plans to launch its new MBA program.
Co-founded by Ranbir Arora and Taras Polik in 2019, Oneday is an EdTech platform creating a formal education system around entrepreneurship. It provides practical, real-world experience that prepares participants for the challenges and opportunities of the modern business landscape. The platform will allow students to participate in an 18-month programme, where they will receive one-on-one access to a seven-figure entrepreneur mentor, to assist them with the launch of their own revenue-generating business and earn a fully-accredited MBA degree at the same time.
Speaking about the company and its mission, Founder & CEO of Oneday, Ranbir Arora, said:
Following successful fundraising of €5.6 million, we are hugely excited to launch our new MBA programme, which is the first step in creating a broader education system around entrepreneurship. It’s clear that AI is fundamentally taking over routine knowledge work jobs at Oneday; we see this as an exciting opportunity to reposition our society into solving new problems for humanity by creating new businesses instead of teaching students how to do things we already know. Our mission is to provide what the current education system doesn’t – practical, real-world experience that will teach entrepreneurs the necessary skills to take on the modern business world.
Oneday predicts this fundamental shift will see the already increasing levels of entrepreneurship rise. It will allow humans to focus less on admin tasks and more on providing creative solutions to the world’s issues. The advent of AI also means starting a business will become more economically viable by democratising access to resources, reducing startup costs, and streamlining critical business functions. The firm claims 2,000 students have already built their businesses on the platform.
Benoit Wirz, Founding Partner of Brighteye Ventures, added:
Formal education is too often theoretical, detached from the real world. Oneday breaks that mould by offering the first-ever practical degree in entrepreneurship. This isn’t just about studying textbooks and passing exams. It’s about hands-on training and building as you go, fostering a mindset of innovation and resilience. We’re proud to back Oneday as they pave the way for a new era of practical, impactful learning.
General Partner of Ananda Impact Ventures, Johannes Weber, commented:
Accessible, practically-oriented entrepreneurial education holds the key to unlocking individual financial independence, driving economic growth, and fostering innovation. With Oneday, this opportunity becomes accessible to all. We are delighted to be actively involved in this transformative endeavour.
In April 2022, Oneday raised £2.5 million in a seed funding round led by BrightEye VC and Outward VC, with participation from Flint Capital and Joshua Wohle. The company’s latest funding brings its total raised to $10.2 million.
