London, UK-based provider of a formal education system built for entrepreneurship, Oneday raised USD 6.2 million in Series A financing. The round took place on May 16, 2023. Ananda Impact Ventures, an edtech VC, Brighteye Ventures, Outward VC, Flint Capital, and Sparkmind.vc led the financing for the company. So far, the total amount raised by the firm stands at USD 10.2 million.

Purpose of financing for Oneday

With the latest proceeds from the Series A financing, Oneday has plans to launch an accredited MBA program. 

The timing of the launch aligns with the transition in the business landscape, which is being brought about by the rapid advancements in AI that are heralding the onset of the next industrial revolution.

Earlier in seed financing, Oneday raised GBP 2.5 million. Brighteye Ventures and Outward VC led the financing back then.

What the company’s official has to add

Ranbir Arora, founder and CEO of Oneday, said, “Following a successful fundraise of $6.2 million, we are hugely excited to launch our new MBA programme, which is just the first step in creating a broader education system around entrepreneurship. It’s clear to see that AI is fundamentally taking over routine knowledge work jobs, and at Oneday, we see this as an exciting opportunity to reposition our society into solving new problems for humanity by creating new businesses instead of teaching students how to do things we already know how to do.”

What the investors have to add

Benoit Wirz, Founding Partner of Brighteye Ventures, further said, “Formal education is too often theoretical, detached from the real world. Oneday breaks that mould by offering the first-ever practical degree in entrepreneurship. This isn’t just about studying textbooks and passing exams. It’s about hands-on training and building as you go, fostering a mindset of innovation and resilience. We’re proud to back Oneday as they pave the way for a new era of practical, impactful learning.”

In addition, Johannes Weber, General Partner at Ananda Impact Ventures, said, “Accessible, practically-oriented entrepreneurial education holds the key to unlocking individual financial independence, driving economic growth, and fostering innovation. With Oneday, this opportunity becomes accessible to all. We are delighted to be actively involved in this transformative endeavour.”

About the company 

Ranbir Arora and Taras Polik co-founded the company in 2012. The London-based edtech startup seeks to disrupt the conventional higher education sector in the UK by developing a formal education system around entrepreneurship.

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.

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