ROMANIAN EDTECH STARTUP ‘KINDERPEDIA BAGS 1.8M EURO’ FOR ITS EXPANSION
As the coronavirus pandemic continues to pose challenges in the social space, and thus, a huge concern for schools and kindergartens, which as a result have ensured that the use of digital communication systems minimizes the current social barriers in education. However, this comes as Bucharest-based ed-tech startup Kinderpedia bags 1.8M euro in the company’s latest funding round led by Early Game Ventures.
The five-year-old startup offers a complete digital communication and management solution precisely for schools and kindergartens, headquartered in Bucharest, is an innovative platform for education, which provides the entire digital infrastructure required by educational institutions needed for their smart delivery, transparent and effective communication, typically for online and in the classroom. Currently, the subject company has more than 2,000 schools and kindergartens on its platform which cut across 14 countries in three continents, whose active and registered users are reportedly in the region of 200,000.
It’s worth noting that the outbreak of the coronavirus pandemic left startups in various markets with funding issues and market volatility, in spite of this, educational-based startups like Kinderpedia aren’t faced with a similar outcome, rather resilient and helpful in this challenging time.
“The current round of funding helps us to continue the transformation we started in education by simplifying the administrative processes in schools and kindergartens and placing the teacher-student-parent partnership right at the heart of the educational act. At the same time, it provides us with the resources to continue the scaling process, now that Kinderpedia is already benefiting from validation on several international markets. Last but not least, this transaction brings to 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, to whom we are grateful for their support and trust”. The CEO and co-founder ‘Daniel Rogoz’ stated.
Before Kinderpedia bagged 1.8M euro, it was noted that the company in its service delivery helps teachers and educators save 6 to 9 hours a week of administrative time while focusing mainly on a superior and personalized educational responsibility. However, the platform product cut across a number of features ranging from full class management features – attendance, electronic grade book, remote video teaching, daily schedule, homework module, and document library.
In the same vein, it’s also clear that the platform’s user interface has proven it’s outstanding and easy to navigate quality for parents’ engagement in children’s education via a secure and user-friendly mobile interface. While offering principals a complete perspective on all school and kindergarten activities in addition to communication. But further on this, which seems the icing on the cake is its integration attribute with electronic payment systems, as such, offer functions of automatic invoicing, online payment of tuition fees, and financial management.
Therefore, it’s evident, the platform has really proven its quality in the educational space, both in Europe and other continents, available in 15 languages and hosted in the cloud, which functions as a native mobile app for iOS and Android operating systems, yet, readily accessible for managers, teachers, students, and parents. As a result of the platform’s social impact and innovative nature across continents, The European Commission awarded it the seal of Excellence under the SME Instrument program, Phase II.
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