Student Competitions AB

Student Competitions AB, through its platform Sqore, connects students and young professionals with opportunities to participate in competitions and challenges, enhancing their skills and career prospects while promoting collaboration among participants. Founded in 2010 in Stockholm, Sweden, Student Competitions AB operates Sqore, a platform that facilitates competitions and challenges for students and young professionals. The company has not undergone any significant pivots or changes in its business strategy since inception. The founders include Chu Zhu, Nauman Ahmed, Niklas Jungegård, and Robert Lyngman, while the current CEO is Kyria Kalata.

The company has completed 2 funding deals, with SEK 32 million raised in venture funding on February 18, 2018, from individual investors, marking the total amount raised to SEK 32 million. Sqore specializes in providing a comprehensive platform for online competitions and challenges targeting students and young professionals. The platform offers a range of competitive opportunities across various fields aimed at enhancing participants' skills and professional growth. By fostering a collaborative environment, Sqore connects users with potential employers and industry experts, assisting them in navigating their career paths.

Sqore generates revenue through partnerships with organizations and companies that sponsor competitions on its platform. The financial structure is based on collaboration agreements, earning commissions from sponsors when participants engage with their offerings during competitions. This model allows Sqore to provide its services free of charge to users while aligning its interests with those of participating organizations. In the near future, Sqore plans to launch new features and expand its product offerings to include more diverse types of competitions and learning opportunities for users.

The company is targeting expansion into additional markets, focusing on regions like Northern Europe and North America by the end of 2023. The proceeds from the recent funding of SEK 32 million will be utilized to support these initiatives, including enhancing the platform's technology and marketing efforts to attract more participants and sponsors.