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Ashfords LLP has advised WhiteHat on its recent $16 investment by Index Ventures, with participation from Lightspeed Venture Partners and Salesforce Ventures.
WhiteHat, which was co-founded by Euan Blair and Sophie Adelman, matches ambitious non-graduate talent to professional services and digital roles, then delivers innovative and job-relevant applied learning over the course of their apprenticeship. WhiteHat has over 1000 career starters applying to join their elite apprenticeship programmes every week. Many employers are ditching a degree as a prerequisite for employment, enabling them to tap less traditional talent pools in their bid to get ahead of the competition.
WhiteHat has over 750 apprentices, 65% of which are from BAME backgrounds and this month launched its free coding summer school for young women across London looking to pursue careers in software engineering.
The funding will enable WhiteHat to open up its apprenticeship programmes to a new cohort of top employers looking to plug their skills gap, hire diverse and high potential talent and develop existing employees.
The Ashfords team advising WhiteHat said: “We are extremely happy to have worked with Euan, Sophie and the WhiteHat team on this investment. The world of work is changing. There is a major skills gap in the digital and technology sectors which the University cannot address. Whitehat’s platform helps solve this by providing talented young people with access to exciting and rewarding jobs”.
Euan Blair from WhiteHat said "Ashfords have been excellent to work with, as they were when we raised our seed round. We can only thank Giles and the team for their brilliant level of support and guidance throughout the process."