Kinderpedia raises EUR 1.8 million in a round led by EGV

Kinderpedia raises EUR 1.8 million in a round led by EGV

KINDERPEDIA Stand: SK59
Kinderpedia raises EUR 1.8 million in a round led by EGV

Early Game Ventures announces the signing of an investment worth EUR 1.8 million in Kinderpedia (kinderpedia.co), the complete digital communication and management solution for schools and kindergartens built in Romania and recognized in Europe for innovation and social impact. Existing investors, RocaX, Growceanu, and business angels also participated in the round.

“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,” said Daniel Rogoz, CEO and Co-founder of Kinderpedia.

“The pandemic has shown that there is an acute need for technological solutions in the field of education,” said Radu Stoicoviciu, Partner at EGV. “Education is one of the vital systems of any state, with 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 part of our thesis ”, adds Radu Stoicoviciu.

“We believed in Kinderpedia’s mission from the beginning, and we happily joined a year ago to support them in their development plans. This round confirms the accelerated growth and scaling potential of this edtech business designed from the beginning for the universal needs of parents and educators and the paradigm shift in terms of online education. And precisely because education is at the basis of ROCA X and Impetum Group’s values, but also at the basis of entrepreneurship, we get involved where we feel we can bring about change for the better,” said Alexandru Bogdan, CEO of ROCA X.

Kinderpedia helps teachers and educators save 6 to 9 hours a week of administrative time and focus their efforts on a superior and personalized educational act. The application includes full class management features – electronic gradebook, attendance, daily schedule, remote video teaching, homework module, document library. At the same time, it improves parent engagement in children’s education through a secure and easy-to-use mobile interface. Kinderpedia offers principals a complete perspective on all school and kindergarten activities and communication. In addition, the platform provides functions of automatic invoicing, financial management, and online payment of tuition fees by integrating with electronic payment systems.

Kinderpedia is hosted in the cloud, available in 15 languages ​​, and works as a native mobile app for Android and iOS, both for teachers and managers and for students and parents. The solution has received widespread recognition for its innovative nature and social impact, both at the national and European levels. The European Commission has awarded Kinderpedia with the Seal of Excellence under the SME Instrument program, Phase II. The company was named Tech for Good at the European Business Angels Summit in Bruxelles. Also, it took the podium in numerous entrepreneurial competitions, such as Innovators for Children or Startarium.

Source: https://business-review.eu/money/kinderpedia-raises-eur-1-8-million-in-a-round-led-by-egv-224151

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