Boarding PassWith the help of Lewandowski and Modric, Skillset provides youngsters with a platform to improve their game
Boarding Pass
With the help of Lewandowski and Modric, Skillset provides youngsters with a platform to improve their game
The company has raised €1.5 million ($1.65 million) for its e-learning platform helping young people improve their physical fitness
“The inspiration for Skillset came from a desire to connect elite athletes with aspiring young sports enthusiasts,” explained the company. “We recognized a void in platforms providing detailed insights and teachings from top-tier athletes, and we decided to fill it.”
Skillset grants young athletes access to instructional content from some of the world's best players, aiming to enhance their skills, fuel their motivation, and give them a glimpse of the requirements for top-tier performance. It is operating in the e-learning market which globally is set to reach $325 billion by 2025.
You can learn more about the company below.
Company Name: Skillset Media Ltd
Sector: ED-Tech & Sports-tech
Product/Service description:
Skillset is an innovative e-learning platform that offers young athletes and sports enthusiasts access to online courses taught by top international athletes, including Robert Lewandowski, Luka Modric, Bruno Fernandes, Virgil Van Dijk, Pedri, Sergio Aguero, and more. Skillset's courses are tailored to each instructor's position and expertise and consist of 8-10 minute lessons sold through the Skillset app using a subscription & PPV model.
What sets Skillset apart from competitors is its gamification and social elements, making the learning process both fun and engaging. The app features a challenge feature that allows users to test their skills and compete against others. Additionally, Skillset includes a community section where users can interact with each other, share their progress, and receive feedback. With Skillset, young athletes and sports enthusiasts can learn from the best and improve their skills in a fun and exciting way.
Founder Bios:
Year of Founding: 2019
Last Investment Round: €1.5 million ($1.65 million)
Last Investment Stage: Pre-Seed
Date of Last Investment: January 2023
Total investment to date: €1.5 million ($1.65 million)
Investors (leading and all): Noam Hachmon, Idan Vered, Josh Sutton, Mitch Lowe, Benjamin Gandz, Eido Hagag, Entourage Sport & Entertainment, Arik Yanko, Nico Olsak, and Leo Krupnik.
Current number of employees: 17
Open positions: Product / Developer
How was the idea born?
The inspiration for Skillset came from a desire to connect elite athletes with aspiring young sports enthusiasts. We recognized a void in platforms providing detailed insights and teachings from top-tier athletes, and we decided to fill it.
What is the need for the product?
Skillset meets the escalating demand for specialized sports education. It grants young athletes access to high-quality instructional content from the world's best, enhancing their skills, fueling their motivation, and giving them a glimpse of the requirements for top-tier performance.
How is it changing the market?
Skillset is a game-changer, democratizing access to superior sports education. Insights once exclusive to a privileged few are now accessible to everyone, regardless of location, thanks to our platform.
How big is the market for the product and who are its main customers?
The global e-learning market is set to explode, predicted to reach $325 billion by 2025. Football, with its 265 million players, offers a vast potential market for Skillset. The escalating demand for specialized football training and resources provides Skillset a unique opportunity to tap into this large, passionate, and digitally engaged demographic. We aim to become the go-to resource for football education.
Does the product exist already? If not - at what stage is it and when is it expected to hit the market?
The Skillset product is in its final stages of development. Our demo app is live and under testing. We're filming five more players in September and October, with the goal of officially launching the app before year-end.
Who are the main competitors in this sector and how big are they?
Skillset's key competitors include sports-focused e-learning platforms such as MasterClass, Coursera, and The Skills. Their sizes vary, some reaching millions of users worldwide. However, none offer a comprehensive learning experience that covers all positions, styles of play, and players' POVs. They typically feature only one athlete per sport.
What is the added value that the founders bring to the company and the product?
The founders blend tech expertise, business acumen, and deep sports industry understanding. Their connections, particularly with elite athletes, give Skillset a competitive edge.
What will the money coming in from the round be used for?
The investment from this funding round will be channeled into further product development (R&D), team expansion, course production, and marketing for our official launch.
In the "Startup Boarding Pass" section, CTech will cover the (relatively) small investments made in companies during the early stages of their existence - and the entrepreneurs and startups who have not yet had the opportunity to reveal their stories to the world. Please use the linked form and fill it out according to the guidelines. This form is intended for startups raising between $500,000 and $3 million from venture capital funds, angels, or official grants from Israeli and foreign institutions. If relevant, someone at CTech will be in touch for follow-up questions.
