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Academy Xi

Providing people with tech-based programs to help them upskill and reinvent their careers.

Backed by

Milford Asset ManagementMilford Asset Management
Pangaea Impact InvestmentsPangaea Impact Investments
Alium CapitalAlium Capital
Giant LeapGiant Leap
Perle VenturesPerle Ventures
Bill ConnBill Conn
Robert McLeanRobert McLean

Raised 4.4M EQUITY on October 5, 2021

About

Academy Xi is a Sydney-based edtech company that offers practitioner-designed, employment-focused online courses and employer partnerships to train students in work-ready ICT and high-demand digital skills, with cohort support.

Mission

Academy Xi provides highly practical, employment-focused online courses developed with industry practitioners and employers to help students build future-ready careers. Launched in 2016, the company says it has helped thousands of students gain work-ready skills in high-demand disciplines. The platform emphasizes social opportunities and close support while positioning learners to meet Australia’s reported ICT workforce shortfall. Management intends to use new funding to bolster growth through acquisition and strategic partnerships. The company highlights a portfolio of courses and sector-leading talent built over the past five years as the basis for significant expansion. Milford described the broader sector as worth more than $700 million and growing at about 8% annually. Academy Xi is a Sydney-based reality edutech startup. The article identifies the company as operating in the edutech sector. It recently closed a $1.7 million (AUD2.25 million) Series A financing. The Series A was led by Perle Ventures and Alium Capital. The article does not provide further details on the company's core products, future plans, or operating metrics.

Quick Facts

Founded

2015

Funding

EQUITY

Industry

EdTech, Education, Information Technology, Online Portals

Team Size

11-50

Headquarters

Surry Hills, New South Wales, Australia