Update: QDOOZ to Complete Crowdcube Round With Nearly £600,000 in Funding

QDOOZ, a UK-based life skills improvement platform, is set to close its equity crowdfunding round on Crowdcube with nearly 600,000 in funding secured. The round has attracted more than 100 investors since launching last month. As previously reported, QDOOZ describes itself as a digital platform that is addressing the distinct gap in personal life skills education and training. It was revealed:

“QDOOZ plans to enable ‘get-ahead’ individuals to develop much-needed life skills and character qualities – and to gain CPD points – whilst at the same time addressing a systemic workplace challenge. Life skills and qualities are highly sought after by employers and are seen as the passport to career success and fulfillment in life. They are rarely taught in schools or colleges and are generally ignored in workplace training schemes, apart from exclusive 1:1 coaching for senior executives.”

QDOOZ also stated that between now and early 2019, more tools and resources will be added each month. The platform stated it aims to target partnerships with several of the UK’s Chartered Professional Membership organizations to give it an immediate audience of more than 1.5 million users at launch. Additionally, an arrangement with UCAS Media could deliver QDOOZ up to 1.5 million UK university students.

QDOOZ revealed that monetization will be through a combination of Premium subscriptions (£40pa or £4.99pcm) for an advert free, “access all areas” service; or Freemium “browse-only” membership, subsidized by advertising revenues. QDOOZ will launch in Q2 2019 and the funds from the Crowdcube round will be used to continue the growth and development of the platform.

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