Professional education platform xUnlocked announced today that it has raised £5 million (USD$6.1 million) to support its growth, through a Series A investment by professional and vocational education company BPP Education Group.
Founded in 2017, UK-based xUnlocked provides training for professionals through its platforms Finance Unlocked, focused on financial training and development for business professionals, and Sustainability Unlocked, launched by the company in 2021, which provides on-demand sustainability and ESG courses. xUnlocked clients include Santander, The London Stock Exchange, Airbus, GSK, Oxford Said Business School, and Royal Bank of Canada.
BPP Education Group provides education and training in law, business, finance, accountancy, banking, technology, psychology, and nursing both through relationships with corporates and directly to consumers.
Graham Gaddes, BPP CEO said:
“The investment in, and partnership with, xUnlocked introduces a new vertical of programmes into the BPP portfolio. We are seeing an ever-increasing demand from our clients and customers who want to expand their skills. The partnership will allow our customers to access market leading programmes to deliver up-to-date insight with high-end video and a cutting edge learning platform. The highly experienced team at xUnlocked are a great cultural fit for BPP and we look forward to welcoming them into the BPP Education Group.”
According to xUnlocked, the new investment will enable the company to fast-track its growth, including focusing on the production of more financial education courses to serve the needs of global financial institutions. xUnlocked said that it has grown at an average 350% annually since launch, and that its platform is utilized by 100,000 learners.
Henry White, CEO of xUnlocked, said:
“We’ve always been driven by our mission to redefine professional education. This investment and partnership with one of the most prominent and successful education institutions in the UK will allow us to accelerate our mission. Together, we will be introducing more specialised premium platforms to serve a greater audience of professional learners.”