Digital education platform Kinderpedia has attracted €1.8 million in funding from investment fund Early Game Ventures (EGV). Existing investors RocaX, Growceanu and business angels also participated in the round.
Kinderpedia is an innovative platform for education that provides the entire digital infrastructure needed for educational institutions to work smart and communicate efficiently and transparently, both in the classroom and online. Kinderpedia now has over 2,000 registered schools and kindergartens in 14 countries on three continents, totalling around 200,000 users.
“The current round of funding is helping us to take forward the transformation we have started in education by simplifying administrative processes in schools and kindergartens and putting the teacher-student-parent partnership at the very heart of education. At the same time, it gives us the resources to continue scaling up now that Kinderpedia is already validated in several international markets. Last but not least, this transaction brings into our community a strong partner with whom we share values and a common vision about the future of education – Early Game Ventures – and strengthens our collaboration with current investors, whom we are grateful for their support and trust,” says Daniel Rogoz, CEO and Co-founder of Kinderpedia.
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“The pandemic has demonstrated that there is an acute need for technology solutions in education,” said Radu Stoicoviciu, Partner at EGV. “Education is one of the vital systems of any state, with a fundamental long-term importance and an enormous impact at all levels of society. The development of digital infrastructure for education has a huge stake and should be a top priority. This is how our investment fund analyzed this transaction and, from this perspective, EGV’s investment in Kinderpedia is in line with our <Infrastructure for Innovation> thesis”, Radu Stoicoviciu adds.
Kinderpedia helps teachers and educators save 6 to 9 hours per week of administrative time and to focus their efforts towards a superior and personalized educational act. The app includes full classroom management functionalities – e-catalogue, attendance, timetable, remote video teaching, homework module, document library. It also enhances parental involvement in children’s education through a secure and easy-to-use mobile interface. Kinderpedia gives principals a complete overview of all activities and communication in their school or kindergarten. In addition, the platform offers automatic billing, financial management and online school fee payment functions through integration with electronic payment systems.
Kinderpedia is cloud-hosted, available in 15 languages and works as a native mobile app for Android and iOS for teachers and managers as well as students and parents. In recent years, the solution has received wide recognition for its innovation and social impact, both at national and European level. The European Commission has awarded Kinderpedia the Seal of Excellence under the SME Instrument, Phase II program. The company was named Tech for Good at the European Business Angels Summit in Brussels and has also placed on the podium of numerous entrepreneurial competitions such as Innovators for Children or Startarium.