French EdTech iconoClass raises €3M funding to expand growth

June 15, 2021

Brighteye Ventures, Mustard Seed Maze and several business angels have raised €3M to help French EdTech iconoClass expand beyond France

French EdTech iconoClass raises €3M funding to expand growth

iconoClass is a business development school which helps students gain a permanent contract at a number of partner companies upon course completion.   The funding will allow the young French EdTech start-up to accelerate its growth in France and in Europe, notably with the launch of its first London location scheduled for January 2022.

The iconoClass model is unique in France: With no qualification conditions, the school guarantees students a permanent job contract with one of its many partner companies at the end of the course. The partners, including Doctolib, Deliveroo, Spendesk, SumUp, etc., are all committed to integrating the students into their recruitment process; the school covers their tuition fees until they are hired.

Launched in 2019, iconoClass is the first school dedicated to all business development careers. Created by and for salespeople, the French EdTech firm delivers a four-month intensive training program that emphasizes practice-based learning from professionals.

Through this funding round, iconoClass has 4 key priorities for accelerating the development and growth of its unique new-generation training model:
– The opening of iconoClass in London with the first class to start in January 2022
– The launch of the iconoClass Tech Platform to deploy and develop online and English training courses
– Grow by 3 physical locations, with the objective of increasing from 60 to 200 students per location
– Recruitment of 10 new employees in order to double its workforce.

“By creating iconoClass, I wanted to offer excellent education to as many people as possible, regardless of educational background and financial means. We’re proud of our pioneering role in intensively training valued and well-paid professions such as business development. This funding will allow us to speed up our strike force at a time when student precariousness is becoming an economic and social emergency that must be resolved efficiently,” said Marie Taquet, Founder and CEO of IconoClass.

You can learn more about iconoClass here: https://www.iconoclass.eu/

You can read more about EdTech here: https://www.global-edtech.com/edtech-definitions-products-and-trends/