PE Tech Report

Training & Education

EdTech platform MyTutor raises GBP15m

MyTutor, a UK-based trusted tutoring platform and a provider of in-school tuition in last year’s Government-backed National Tuition Programme, has raised GBP15 million in a funding round led by SEEK Investments, with support from existing investors including Mobeus Equity Partners. The leading online tutor’s mission is to provide life changing

Edtech platform raises further GBP3m as it targets international expansion

A platform that helps parents and students to find online tutors has raised a further GBP3 million investment amidst a boom in business following the pandemic.  Tutorful has secured funding from Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance, which is managed by Mercia and

Francisco Partners acquires Follett School Solutions

Follett Corporation has sold Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners, a technology-focused global investment firm. Follett School Solutions, based in McHenry, Illinois, is a longtime trusted educational partner to K-12 schools and districts that provides software and content products, including Follett Destiny,

Periscope equity makes platform investment in healthcare-focused cybersecurity firm

Periscope Equity, a lower middle-market private equity firm focused on investments in technology-enabled business services, has invested in CyberMaxx, LLC through a recapitalisation in partnership with management. CyberMaxx provides the healthcare industry with a full suite of services to prevent, detect, and respond to cyberattacks. Founded in 2009 and headquartered

Shoosmiths advises EdTech company Kortext in latest investment round

UK law firm Shoosmiths has advised Kortext, a Bournemouth-based university-focussed digital teaching and learning platform, in securing a GBP15 million series B investment from DMG Ventures, the venture capital arm of Daily Mail and General Trust plc, that has previously backed companies including Cazoo and Zoopla. Kortext has been a

Team Odeon raises EUR2 million for its educational and career choice site, Degree Choices

US-focused startup Team Odeon has raised EUR2 million in funding towards its higher education and career choice focused website, Degreechoices.com.  Investors include venture capital fund Lighthouse Ventures, a group of European private equity investors from the performance marketing sector, and its founder Ory Weihs. Founded in late 2020, Odeon offers

Crehana raises USD70m in Series B funding round

Crehana, an education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, has raised USD70m in a Series B round led by General Atlantic.  This round represents Latin America’s largest Series B funding for an education technology company and comes just months

Serent Capital makes Growth Investment in ParentSquare

ParentSquare, provider of a unified school-to-home engagement platform for K-12, has received a significant investment from Serent Capital, a growth-focused firm that invests in technology and tech-enabled services companies.  ParentSquare will further accelerate its growth plans with the investment, including introducing new products and services and expanding into additional geographic

DigitalEd secures growth investment from PSG

DigitalEd has secured a growth investment from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.  DigitalEd provides a SaaS-based digital learning platform called Möbius, focusing on science, technology, engineering and mathematics (STEM) education. PSG is DigitalEd’s sole outside investor. Financial terms were not disclosed.  

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