Why you should invest in us
HyperionDev is one of the fastest growing edtech companies in Europe, Middle East, and Africa. With over R30million (£1.5million) committed by leading international investors in this round - including venture capital fund Flightmode Digital - we're raising up to an additional R15million (£750k) in funding through crowdfunding. As a business, we've seen tremendous growth following the lockdowns and have grown revenue approaching x10 in the past 2 years and reached profitability, proving that we can scale.
We begun our journey as a community of British and South African university students trying to help other students learn coding to complete their Computer Science degrees. Today, we support more students in becoming developers than nearly all of the Computer Science departments we first came from combined, and have grown to one of the largest providers of mentor-led online tech education in EMEA, pioneering a new method for scaling what we call code review.
Now is your chance to be a part of what we know is the tech education model for the future, and share in our growth as we expand into more markets, build technology that enables humans to support one another in more sophisticated ways, and deploy significant capital in other strategic ways.
Joining our crowdfund is an impact investment. We'll never forget our roots, and as a part of this raise we'll be awarding up to R3.5million (£170k), in scholarships for our programmes to deserving African youth as we believe in the potential of people.
active user growth since lockdown
revenue growth in 2 years
seed funding from Google & Facebook
reached in 2020
Our journey to profitability
Do good with your investment
This crowdfund is an impact investment. This means that we’re putting our money where our mouth is to make tech education truly accessible to all. You can receive great financial returns while also making a difference. To this end, we will be providing up to - R3.5 million (£170k) worth of coding scholarships for deserving students.
Keep an eye out on our social media channels for some of the inspiring stories we expect to see over the coming weeks.Invest now
“Education technology is becoming a global phenomenon, with the market projected to grow at 17.0% per annum, to $252bn”
Your investment will make dreams come true
For every investment milestone you help us reach, we’ll provide a full coding bootcamp scholarship to one of our many deserving scholarship program applicants.
“This is your chance to get on board. It’s now or never.”
Riaz Moola, CEO & Founder of HyperionDev
We believe in the potential of people and that technology extends, realizes, and empowers this potential. Prior to founding HyperionDev, I worked at Google and carried out research at the University of Cambridge, where I realised how technology could be used to improve online education and equalise how developers are trained, assessed, and coached.
This round of funding will allow us to realise the full potential of our innovations over the years and to grow more rapidly in a massive international market.Invest now
Who are we?
Since 2012, HyperionDev has grown from its grassroots university mentor network into a large international edtech provider that has brought coding skills to thousands of students in more than 40 different countries. We exist with one mission: to close the growing global tech skills gap we see across the world by teaching people the essential tech skills they need for a bright future.
Our coding bootcamps use a propriety method and technology for scaling human mentoring and code review that is so powerful that other leading tech education providers in the US and Europe rely on it to scale their own coding bootcamps and online education programmes
We've partnered with tech education leaders to help them scale
“These are all examples of the great work being done by entrepreneurs across the African continent to strengthen their communities and create opportunity.”
Mark Zuckerberg on HyperionDev and the Innovation Challenge winners
Frequently asked questions
Crowdfunding is where a large number of people pool their money together to back a business they believe in, via an online platform.
In 2020, we not only reached profitability but also raised the majority of additional financing from strategic funders so we can double down on what we do best: bringing accessible, essential tech skills to as many people as possible. The COVID pandemic resulted in a massive spike in demand for our services as more of our customers turned to online learning in the wake of campus closures, but also turned to upskilling in tech skills as a way to protect their careers.
We’ve decided to open up a limited portion of our funding round to our students and supporters to be a part of our journey, and also support the journey of who can’t afford to study with HyperionDev themselves - during this crowdfund, we’ll be giving back by awarding full scholarships to prospective HyperionDev students.
As 2020 draws to a close, we’ve seen strong growth in all key metrics - we’ve grown revenue over 600% since our last fundraise, active learners 289%, and taken customer Net Promoter Score up to an industry-leading 58. Our team itself has more than tripled in size yet we’ve continued to ensure our model is sustainable, generating millions of dollars in revenue in a way we’ve proven is sustainable.
These results show we’ve found product-market fit and been able to retain quality in the areas that matter as we scale, and that we’ve been able to smartly deploy the backing of supporters like Facebook & Google in achieving the results we have today.
With your investment, you will claim your part of an equity stake in HyperionDev, which carries with it relevant tax credits and rebates, such as the Enterprise Investment Scheme (if you’re based in the UK).
More importantly - you’ll get to be a part of our journey and be a part of what the new face of education looks like, as we double down on expanding into new markets and building new technology that makes tech education more accessible and more impactful.
The edtech market is growing massively, with a global market size nearing $404billion by 2025 (Holon IQ), and as a company that has previously been approached by multi-billion dollar companies for acquisition in the last 12 months, we believe we have the results, skills, model and technology to return not just good financial returns to our investors, but do good at the same time.
We’re putting our money where our mouth is - by investing in our crowdfunding round, you get to directly changing the lives of people who want a coding education, but can’t afford it. To this end, we will be providing up to R3.5 million worth of coding scholarships for deserving students - find out more here.
The human touch. Bots cannot teach people how to code - which is why we exclusively use human mentors and expert code review services to improve graduation rates, prevent student drop-out, and create developers who understand why they write code a certain way, rather than copy forums and pre-prepared bot answers. In fact, our backbone of expert code review services is so good that it’s used across the world by dozens of start-ups and tech education organisations to teach and detect good code.
We started out as a small community of university students trying to help our peers learn coding to pass their Computer Science degrees at universities in Africa and the UK. Today, we train more developers in a year than nearly all of these original Computer Science departments combined.
In this journey, we’ve received backing from Facebook (as winners of the Internet.org Grand Prize as one of the most socially impactful tech startups operating in Africa, and as a startup incubated by Facebook’s London Lab programme), Google (as recipients of a CS4HS and Community of Practice of coding educators award), the celebrity DJ Black Coffee, in-kind contributions by the University of Cambridge’s Social Enterprise incubator and the City of London’s Co Investment Fund, and a slew of private investors and venture capitalists.
We aim to list our shares on a secondary market enabled by crowdfunding, or via trade sale or IPO. This isn’t a distant reality for us - in the last 12 months we have been approached by multi-billion dollar companies looking to acquire our business.
Get in early and be one of the first
Investments of this nature carry risks to your capital. Please Invest Aware.Invest now