AAA Mitsui studies $7m round for Geekie

Mitsui studies $7m round for Geekie

Brazil-based education technology provider Geekie raised $7m in series B funding yesterday from investors including conglomerate Mitsui and philanthropic investment firm Omidyar Network.

Gera Venture and Virtuose, both existing investors, returned for the series B round. Geekie has not publicly disclosed further details about its previous funding rounds.

Founded in 2011, Geekie has developed an adaptive learning platform dubbed Geekie Labs that helps high school students to prepare for the Exame Nacional do Ensino Medio (Enem), a standardised national exam for Brasilian high school students.

Enem is not mandatory but is used by a large amount of public universities in the country as an admission test.

Geekie will invest the series B funding in product development and company expansion.

Leave a comment

Your email address will not be published. Required fields are marked *