Reatcode Group has secured €1.1 million in funding from Metavallon VC to enhance its Workearly platform, which focuses on personalized professional training and aims to expand its market presence both locally and internationally.

Information on the Target

Reatcode Group, known for its popular Workearly brand, has successfully secured €1.1 million in funding, led by Metavallon VC. Founded in 2019 by Efthymis Vafeiadis and Dimitris Kyriakatis, this is the company's inaugural funding round. Since its inception, Reatcode has organically grown its operations, successfully training over 17,000 professionals through 70 distinct programs and providing custom training solutions to more than 200 companies. The newly acquired capital will primarily be allocated towards expanding the team, enhancing product development, and broadening the company’s market reach, particularly in corporate sectors and international markets.

Industry Overview in Greece

The education sector is undergoing a transformative phase, with the global market expected to reach €340 billion by 2026. This rapid evolution is accompanied by various challenges, notably the alarming statistic that approximately 90% of participants in upskilling programs fail to complete them. Moreover, many trainees express apprehension towards skill acquisition, often discovering that the skills acquired do not align with actual job market requirements.

In Greece, the demand for upskilling and reskilling has gained momentum, particularly in response to the shifting job landscape driven by technological advancements and the need for digital competencies. Organizations are increasingly recognizing