The community platform Hack2Skill has successfully raised $1 million in a financing round involving both debt and equity, co-led by Recur Club and String Ventures.
Established in 2021 by Samkit Sharma, Hack2Skill operates a hackathon platform designed to enhance the management of hackathons for communities and corporations. The platform offers a suite of tools facilitating various aspects of hackathon management, including registration, team matchmaking, event timelines, internal chat, and more. This empowers companies to upskill their developers by providing a platform for learning new skills, building projects, and earning rewards.
Hack2Skill boasts a community of over 2.5 million tech enthusiasts and focuses on empowering its members to collaboratively find innovative solutions through organized hackathons, workshops, and boot camps.
Recur Club, one of the co-leaders in this funding round, has already allocated over $100 million to more than 500 companies, including Ustraa, Rage Coffee, Moveinsync, Keka HR, Xoxodays, and others. Notably, Recur Club recently invested in the skincare brand Conscious Chemist last month.