" class="no-js "lang="en-US"> Code First Girls Raises £4.5m Series A To Support Even More Women To Enter The Tech Industry - Fintech Finance
Tuesday, May 21, 2024

Code First Girls Raises £4.5m Series A To Support Even More Women To Enter The Tech Industry

Code First Girls have secured £4.5 million in investment for inspirational female tech leaders from a leading investment firm, Active Partners. This will mean Code First Girls will be able to teach even more women how to code and provide even more job opportunities in the tech industry; as well as exciting expansion plans involving tech platforms, hiring more talent, and spurring growth in international markets.

This is a vote of confidence from major figures in tech, who are also passionate about solving the tech gender gap. At the time of writing, Code First Girls courses are, on average, 600% oversubscribed – and this investment will mean anyone who wants to break into the tech industry can.

Having the support of household names means that more women throughout the globe can join the community, and can support the next generation of young women to learn the skills they need.

Code First Girls will use the investment to work towards their goal of providing over one million opportunities for women to learn to code for free and enter the industry over the next five years, driving £1 billion in economic opportunities for women and a boost for the entire sector.

The funding comes from consumer-focused investment firm Active Partners and prolific female angels including a former director of Bumble and CEO and Founder of Peanut, CEO of notonthehighstreet.com, former VP of Monzo and Co-Founder and COO of Stealth, CEO and Founder of the UpGroup, and COO of MoneyBox.

Anna Brailsford, Co-Founder & CEO Of Code First Girls, Said: “At Code First Girls, our mission is to close the serious, long-term gender gap in the tech industry by giving women the opportunity to learn to code and get jobs in tech, at no cost to them. We’re growing at an incredibly fast pace, with businesses, government and universities across the country getting on board because they recognise we’ve found a model that works.

“This funding round is a vote of confidence from major figures in the tech industry, who see our pioneering model as a solution to the tech gender gap. We’ll use this investment to provide one million opportunities for women to learn to code for free and enter the industry, driving a huge £1 billion in economic opportunities for women and a boost for the entire sector.”

Tom Profumo, Investor at Active Partners, said: “Traditional education providers are failing to address the significant tech talent shortages across the industry today, as well as the huge lack of diverse talent. Code First Girls offers the solution to this problem. By providing free coding courses for all women and supporting them into employment at some of the world’s biggest companies, Code First Girls is facilitating social mobility, boosting the diverse tech talent pool and addressing the tech skills gap.

“We have been very impressed by what Anna and the team have achieved so far and the company’s transformative impact on so many women’s lives. We look forward to joining Code First Girls on this exciting next phase of growth and supporting the team to achieve its mission to close the gender gap in the tech industry.”

People In This Post

Companies In This Post

  1. Embedded Insurance Platform Embri Launches – Redefining Luxury Retail Protection Read more
  2. Riyad Capital Launches 1957 Ventures Fund, Backed by Riyad Bank, to Transform Saudi Arabia’s FinTech Landscape Read more
  3. Middesk Joins the NayaOne Tech Marketplace Read more
  4. Teal Announces $8M Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaS Read more
  5. American Express and Emburse Bring Integrated Expense Management Solution to Commercial Customers Read more
Open-banking-expo-sidebar