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Pakistan's Edversity lands early VC backing from Rapidev at LEAP 2026

What's the deal? EdversityDealroom has a profile for this one. Try Dealroom →, a Pakistan-founded technology education and workforce development startup, has raised an early-stage round led by Rapidev GroupDealroom has a profile for this one. Try Dealroom →. The investment was announced in September 2026 during LEAP 2026 in Riyadh, Saudi Arabia, and brings Edversity into the Rapidev GroupDealroom has a profile for this one. Try Dealroom → of Companies.

What's the endgame? Founded in 2021, Edversity has trained more than 12,500 learners across artificial intelligence, cybersecurity, cloud computing, data, and blockchain. It blends industry-led instruction, practical projects, mentorship, and career development, and reports placement rates above 70% in selected cohorts.

Where's the money going? The funding will support international expansion and Edversity's AI-powered learning infrastructure. The deal pairs its education and talent ecosystem with Rapidev's engineering and international scaling capabilities.

Rapidev, founded in 2017, employs more than 200 engineers and developers, has completed over 50 major projects, and serves customers in more than ten countries.

The expansion: Saudi Arabia is central to Edversity's plans. The company has set up in Riyadh through The Garage, a startup hub, aligning with Saudi Vision 2030 and its focus on future-ready skills. Edversity will use the Kingdom as a regional base before entering other international markets.

"We started in Pakistan, Saudi Arabia is becoming an important international base for us, and our long-term opportunity is global," said Saad Siddiqui, founder and chief executive officer of Edversity.

Why now? Siddiqui frames the company around a gap between how people learn technology skills and what employers need. "We are building Edversity around that missing link, connecting learning, practical experience, verified skills and employment," he said.

The signal: According to the World Economic Forum's Future of Jobs Report 2025, 63% of employers cite skills gaps as a major barrier to business transformation. That demand for proof of applied skills — not just credentials — is what Edversity is betting on as it scales beyond Pakistan.

Read more: techjuice.pk

Image credit: DBCphotography

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