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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Skillmatics

start up
United States - Mountain View, California
  • 10/05/2022
  • Series B
  • $16,000,000

Skillmatics is a full stack direct-to-consumer brand that develops innovative educational products and games that build core skills in children through systematic play.

Skillmatics is building a new age business model to disrupt a $100 billion global industry. We sell directly to consumers globally while leveraging India's structural advantages in manufacturing, product design, technology and content creation. We adopt a data driven approach to product development and have built a vertically integrated supply chain that allows us rapidly iterate, launch and scale new products 5X faster than traditional incumbents.

Skillmatics has raised USD 24 Million from marquee investors led by Sofina Ventures, Sequoia Capital. Skillmatics has offices in California and Mumbai.

Skillmatics has sold 5 million units globally till date through various e-commerce marketplaces and an international network of 15,000+ retail stores (including Walmart & Target), with a primary focus on the North American market. Our bestselling product recently hit the No 1 Rank in the Toys & Games category on Amazon USA.

Skillmatics has was awarded the Global SMB of the Year by Amazon in 2021, secured Rank 16 in the Financial Times List of 500 Fastest Growing Companies in Asia Pacific and Rank 5 in the Economic Times List of 150 Fastest Growing Companies in India.


Related People

Dhvanil ShethFounder

Dhvanil Sheth United States - Mountain View, California,

Entrepreneur with a history of working in the consumer goods and retail industry.

Founder (Skillmatics) - We are a Sequoia Capital and Sofina backed company building a global education brand.

Ex Management Consultant (BCG) - Worked across North America, Japan, India and Sri Lanka with a focus on Consumer Goods and Retail.

Qualified Chartered Accountant (All India Rank 27) with a 3 year article-ship at Deloitte.
M.Com and B.Com from H.R. College of Commerce and Economics (Consistently on the Dean's Merit List)