Upskilling platform CUSMAT raises $100K in pre-Series A

CUSMAT, an upskilling platform, has raised $100K in its pre-Series A round led by We Founder Circle. Venture Catalyst, Better Inc., and MapMyIndia have also participated in the round.

The funding proceeds will be used to ramp up the enterprise sales team, in product development, training content and to develop industry driven features for the platform, said CUSMAT in a press release. 

It has raised $650K in total, including the current round.

Founded by Abhinav Ayan, Soumyaranjan Harichandan and Anirban Jyoti Chakravorty, CUSMAT is a skilling and training platform that enables organizations to onboard, assess, train, upskill, plan learning tracks for the employees to maximize retention rates, and on the job performance by using its AR/VR, cloud-based learning management system.

Since its inception in 2016, the startup claims to provide standardized training solutions to maximize productivity by 30-40%, safety by 30-40% accident reduction and minimize running cost for industries.