# Skill Lab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skill-lab

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.skilllab.io
- Total disclosed funding: $1.8M
- Latest round: Seed (Jan 26, 2021)
- Investors on record: 1

## About

Skill Lab BV, based in Amsterdam, Netherlands, specializes in providing advanced technology solutions for enhancing employment and career services by identifying and articulating individual skills.Founded in 2018, Skill Lab BV operates from Amsterdam, Netherlands, and focuses on leveraging technology to improve job market access. The company was established by Christoph Bretgeld, Karim Bin-Humam, Ragnar Martens, and Ulrich Scharf. In January 2021, Skill Lab secured EUR 1.5 million in a Seed round led by Rubio Impact Ventures, marking a significant milestone in its funding journey. This investment is aimed at supporting the company’s growth and impact.SkillLab primarily offers a robust technology platform designed to enhance employment and career services through the identification and articulation of individual skills. Utilizing artificial intelligence, the platform creates accessible profiles that allow users to understand their unique skill sets, facilitating connections to relevant job opportunities and educational pathways. The software is tailored to empower various stakeholders, including employment agencies, educational institutions, and NGOs, enabling them to support their clients effectively in navigating the job market. SkillLab’s solutions are utilized across multiple geographical markets, with a focus on Europe and North America, where demand for equitable labor market solutions is particularly high. The end users encompass job seekers from diverse backgrounds, including migrants, veterans, and individuals transitioning from informal to formal employment.SkillLab generates revenue through a combination of subscription-based models and strategic partnerships with organizations that utilize its technology. Clients, including employment services and educational institutions, typically engage with SkillLab by subscribing to its platform, enabling them to access the suite of tools designed for skill assessment and job matching. The transactions involve clients paying a recurring fee for the ongoing use of the software, which includes updates and support. Depending on the partnership agreements, additional services may be offered, such as tailored training programs or consulting support, further enhancing client engagement and value. The revenue structure is designed to support scalability while providing clients with essential resources to facilitate effective career transitions for their users.In September 2021, SkillLab BV raised EUR 1.5 million in a Seed round led by Rubio Impact Ventures. The company plans to utilize these funds for growth and impact over the coming years, with ambitions to expand its technology platform. SkillLab is aiming to enter new geographical markets, specifically targeting additional regions in Europe and North America by the end of 2023, thereby broadening its reach and enhancing job market accessibility for a greater number of users.

## Funding rounds

- Seed, Jan 26, 2021, $1.8M — Rubio Impact Ventures

## Investors

- Rubio Impact Ventures (https://capitalatlas.ai/funds/rubio-impact-ventures) — Seed