# Lancify Connect Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lancify-connect-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.lancify.net
- Total disclosed funding: $0.3M
- Latest round: Angel (Nov 23, 2020)
- Investors on record: 1

## About

Lancify Connect Private Limited is a digital education company dedicated to providing aspiring freelancers with essential skills through a variety of online courses, catering to the evolving needs of the gig economy.Founded in 2018 and headquartered in Bangalore, India, Lancify Connect Private Limited specializes in developing online courses for freelancers. The company raised USD 300,000 in ANGEL funding on November 23, 2020, from Techstars Ventures and individual investors. The funding is aimed at expanding their course offerings. The founder's prior experience details are not available.Lancify offers a suite of online courses designed to equip aspiring freelancers with essential skills in various digital disciplines. The courses cover a wide range of topics, including web design, email marketing, project management, and social media strategies. These offerings are structured into easily digestible chapters and episodes, allowing users to learn at their own pace with lifelong access post-purchase. The company targets individuals seeking to build a freelance career, regardless of their prior experience, making their services accessible to a broad audience, including students and professionals looking to upskill. Lancify primarily serves markets in North America, Europe, and parts of Asia, where there is a growing demand for freelance skills in the gig economy.Lancify generated revenue of USD 2,650.5 mn in 2023. The company reported an EBITDA of USD -769 mn for the same year. Revenue is derived from the sale of online courses, structured as direct-to-consumer transactions, offering individual courses or complete bundles that include assessments culminating in certifications upon completion.Lancify Connect Private Limited plans to utilize the recent ANGEL funding of USD 300,000 to expand its course offerings and upskill the youth. The company is focusing on enhancing existing courses while also developing new ones aimed at specific skill gaps in the market. Additionally, they are looking to expand their reach into emerging markets in Asia and South America by late 2024, capitalizing on the increasing demand for freelance skills globally.

## Funding rounds

- Angel, Nov 23, 2020, $0.3M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Angel