EdTech Startup Brainly Closes $14 Million
Brainly announced the close of $14 million in financing led by Kulczyk Investments. Naspers Ventures, General Catalyst Partners, Point Nine Capital, and Runa Capital also participated in the funding.
Brainly has 100 million monthly users from more than 35 countries, and claims that it’s “the world’s largest social learning community, bringing middle school and high school students together to make learning outside the classroom highly engaging, effective and rewarding.” Students connect to their peers to help strengthen their skills in math, science, history, and more. Users post their questions about assignments or class discussions, and within minutes receive a “clear, moderated response” from a fellow student.
Brainly will further accelerate global growth and expand its product team, which will focus on developing new personalized learning features for the Brainly platform.