# iXperience (Pty)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ixperience-pty

- Industry: Education/Training
- Headquarters: Cape Town, South Africa
- Website: https://ixperience.co/
- Total disclosed funding: $2.5M
- Latest round: Series A (May 10, 2021)
- Investors on record: 2

## About

iXperience is an educational technology company that provides immersive summer programs combining career-focused courses with internships across sectors like Management Consulting and Data Science.Founded in 2013, iXperience is headquartered in Cape Town, South Africa. The company specializes in professional development programs that integrate education with internships. The co-founders include Aaron Fuchs, Nick Bernardini, Rafi Khan, and Brad Rosenthal. Recently, iXperience raised USD 2.5 mn in a Series A funding round led by Kalon Venture Partners, enhancing its position in the edtech sector.iXperience offers a distinctive six-week summer program that integrates career-focused courses with hands-on internships in various sectors, such as Management Consulting, Investment Banking, Digital Marketing, and Data Science. Participants engage in immersive learning experiences designed to equip them with industry-relevant skills, including advanced Excel for finance, Python programming for data science, and digital marketing strategies aimed at optimizing online campaigns. The program targets students seeking professional development and real-world experience, facilitating their transition into the workforce by providing access to internships with reputable companies. The primary markets for these services include South Africa and Portugal, specifically in cities like Cape Town and Lisbon, as well as remote locations via the iX Online platform, catering to a global clientele of aspiring professionals.Revenue generation for iXperience is primarily facilitated through enrollment in their various programs, where students pay for the opportunity to participate in both coursework and associated internships. The business model incorporates direct-to-consumer transactions, with students or parents making payments for access to the programs. iXperience may offer different pricing tiers based on program selection, duration, and location. The company benefits from partnerships with industry leaders who provide internship placements, thereby enhancing the value of their educational offerings. The combination of course fees and internship placements underpins the firm’s revenue structure, positioning it in the educational and professional development sector.In May 2021, iXperience secured USD 2.5 mn in a Series A funding round, with plans to utilize this investment to expand its team, enhance its innovative tech platform, launch new programs across diverse markets, and strengthen its global strategic partnerships division. The company aims to introduce additional offerings to enhance its curriculum while also targeting new geographic markets for expansion.

## Funding rounds

- Series A, May 10, 2021, $2.5M — Kalon Venture Partners, Caleo Capital

## Investors

- Kalon Venture Partners (https://capitalatlas.ai/funds/kalon-venture-partners) — Series A
- Caleo Capital (https://capitalatlas.ai/funds/caleo-capital) — Series A