Primarily based out of London, eSwapp is a SaaS platform powered by Machine Studying (ML) to search out the very best matches immediately for colleagues to present and get abilities. Just lately, the corporate raised £350K from a personal investor.
Appoints new Chief Buyer Officer
The corporate is planning to make use of the funding to speed up the expansion of its platform. Moreover, Andrew Learn joined eSwapp as Chief Buyer Officer. Andrew was one of many first staff of a startup acquired by IBM, and just lately Director of Gross sales at Adobe and Head of Gross sales & Technique at MediaMelon.
eSwapp’s non-public investor mentioned, ‘I’m thrilled to spend money on and associate with eSwapp to deliver its array of advantages to extra firms by way of ability sharing and information switch within the office. They assist to resolve a few of the largest ache factors in enterprise, and I see enormous potential in eSwapp’s method in direction of unlocking the potential that already exists inside organisations.”
eSwapp was established in 2018 by Uyen Ngo, a former marketer for multinationals resembling Danone and GlaxoSmithKline, Ghazal Diani, previously at RBS and Goldman Sachs. The entire ability platform empowers customers to study and share abilities with their colleagues and helps organisations to develop companies.
The London-based company Machine Studying for its 4 options: Seize, Upskill, Benchmark, Prediction, to supply actionable perception into present abilities, coaching wants, and abilities hole evaluation, how the organisation compares on trade requirements and to present ability predictions to make strategic enterprise selections.
How was eSwapp born?
Uyen Ngo needed to grasp the artwork of roasting, cupping, and pour-over, however the Barista course value about £5,000. At that time, she realised as an alternative of paying up for the course, she might merely swap her advertising and marketing abilities with a barista at no cost in return.
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What began as a B2C concept in October 2018 shortly turned a SaaS platform in 2019, after Uyen realised the hole of skill-sharing inside the company Studying and Growth market. This platform helps to attach colleagues to upskill one-on-one with one another on-line or in particular person.
Recognised for its imaginative and prescient and expertise
Notably, eSwapp has been recognised early for its imaginative and prescient and expertise, turning into one among 14 UK firms chosen for a British authorities mission to the Netherlands on Synthetic Intelligence in 2019.
Uyen Ngo, the CEO, mentioned, ‘Our three-layer mathematical mannequin, developed by a former affiliate at Yale and Cambridge College, makes ability predictions to assist organisations get forward of the curve with strategic enterprise selections backed by good information. This pre-seed spherical will go in direction of new hires, fine-tuning our product growth, and a strong consumer acquisition and retention technique.’