Oneistox, an EdTech startup offering in-demand online cohort-based-courses for designers, architects and engineers to advance their professional growth, recently announced that it has raised $1.2 million in a seed round led by Y Combinator, with participation from Powerhouse Ventures and Soma Capital. The funding round was also backed by notable angels such as Amit Ranjan, co-founder of Slideshare, Deepak Menon, and VP-Microsoft.
According to the company, Oneistox aims to bridge the gap between traditional AEC education and the fast-evolving technological landscape, empowering learners to become future-ready professionals.
Co-founded in 2021 by Harkunwar Singh, Vipanchi Handa, Mehul Kumar, and Chaithanya Murali, Oneistox offers courses and upskilling programs for AEC (Architecture, Engineering, and Construction) professionals to help them build industry-relevant. The platform also provides courses and programs, including making information modeling (BIM) and computational design. The company aims to upskill and transform the careers of the 3 million designers who graduate every year worldwide.
Speaking about the platform and its mission, Co-founder & CEO of Oneistox, Harkunwar Singh, said:
The AEC industry is ripe for disruption, and Oneistox aims at leading the charge with cutting-edge upskilling courses. We are thrilled to have amassed the support of such an eminent investors panel over the last year. Our goal is to ensure that the next generation of AEC talent is armoured with future-ready skills to meet the ever-evolving demands of this industry.
The Gurugram-based startup is focused on building tech-backed systems for learning design through two-way interaction and assessment. It continuously improves the quality of its educational content to ensure an unforgettable experience for the learners. It claims to have more than 50 workshops with over 1,000 learners and achieved 30% month-on-month growth in the last twelve months.
Commenting on the investment, Group Partner of YCombinator, Gustaf Alstromer, added:
The AEC industry needs what Oneistox is building. I’m proud to be an investor in the company and look forward to the disruptions they bring to the industry.
The AEC industry makes up 12 percent of the world’s gross domestic product (GDP). Yet it is the second least digitized industry in the world after agriculture. Due to the lack of technological development, the AEC space worldwide looks exactly as it did 20 years ago. The company further mentioned that the upskilling platform came into existence to enable working professionals with tech-first skills and maximize their potential.
Kshitij Golwalkar, General partner, Powerhouse Ventures, commented:
Over the past year, Oneistox has achieved remarkable milestones, with exponential growth and scale. The most significant contributor to the company’s success has been their unmatched understanding of the AEC industry and their strategic positioning as an ed-tech that challenges the status quo. We believe they are the game-changers the industry was looking for.
In 2021, Oneistox had raised an undisclosed amount in its maiden seed round from Powerhouse Ventures and Y Combinator.