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Engageli Raises $33 Million Series A to Transform Digital Learning in Higher Education
New Capital to Accelerate Company’s Mission to Create Engaging, Collaborative Learning Solutions
May 11, 2021 06:00 ET | Source: Engageli Engageli
PALO ALTO, Calif., May 11, 2021 (GLOBE NEWSWIRE)
Engageli, a purpose-built digital learning platform designed to provide superior learning experiences for students and instructors across higher education, today announced a $33 million Series A funding round, co-led by Maveron and Corner Ventures. Additional investors include Good Friends, Educapital, and several prominent individual technology executives. All of the venture capital firms that invested in Engageli’s seed round also participated in the Series A. The new capital will be used to further scale Engageli’s product development and fuel its continued growth. This round of funding brings Engageli’s total financing to more than $47 million.
Engageli nabs $33M more for its collaborative video-based teaching platform
As schools move more widely into reopening their doors for in-person learning, many educational institutions have also learned a critical lesson in the last year. Having better tools to teach remotely are critical for situations when the physical experience has to be shut down, but even when things are “back to normal”, better tech can still enhance what educators and students can do, and to whom teaching can be delivered. Now, a startup betting on virtual learning in higher education and investing in the innovation to deliver that is announcing a round of funding as it continues to expand its business.
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