Data Masters
Offering training in Data Science, AI, and Machine Learning for future professionals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
* | €1.2m | Seed | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 820 % | 110 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | 11 % | (7 %) | (32 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Data Masters S.R.L. operates as a tech academy in Italy, focusing on the rapidly expanding fields of Data Science, Artificial Intelligence, and Machine Learning. Founded in Bari in July 2022 by Luigi Congedo, Francesco Cipriani, and Vincenzo Maritati, the company aims to cultivate the next generation of Italian data scientists and machine learning engineers.
The firm provides online training programs and educational materials tailored for both individuals seeking to enter the data industry and established professionals aiming for upskilling or reskilling. Its offerings include career tracks such as "Python Developer for AI & Data" for beginners and "Data Scientist" for advanced learners, featuring a mix of on-demand and live, expert-led lessons. The curriculum is designed with a practical, hands-on approach to ensure the skills acquired are directly applicable in the job market.
Data Masters serves a clientele that includes individual students and corporate clients, for whom it develops tailored upskilling and reskilling platforms. The business model centers on selling these specialized, incremental training courses. A significant milestone for the company was securing a seed round of €1.15 million, co-led by Primo Ventures and Zanichelli Venture, to fuel its growth. This funding is directed towards team expansion, which grew from 5 to 20 collaborators in 18 months, and the development of advanced AI technologies for competency measurement.
The company has demonstrated substantial growth, reporting a 300% year-over-year revenue increase in the first half of 2024 and enrolling over 12,000 students. With the fresh capital, Data Masters plans to enhance its corporate academy offerings, enrich its course catalog, and expand its market presence into Europe.
Keywords: Data Science training, AI education, Machine Learning courses, corporate training, upskilling, reskilling, Python for Data, online tech academy, Italian startups, EdTech, continuous learning, professional development, data analysis skills, AI talent development, machine learning engineer, venture capital, Primo Ventures, Zanichelli Venture, tech education, career tracks