Kinderpedia, a Romanian EdTech platform that offers education management and communication solutions to schools and kindergartens, has raised €1.8 million in a funding round led by Early Game Ventures.
Existing investors ROCA X, Growceanu, and several business angels have also participated in the round.
Kinderpedia, which is headquartered in Bucharest, is an innovative platform for education that provides the entire digital infrastructure needed for educational institutions to work smart and communicate efficiently, both in the classroom and online.
Founded in 2015 by Daniel Rogoz, the company has more than 2,000 schools and kindergartens in 14 countries on three continents, totaling about 200,000 users registered on its platform.
Speaking about the fundraise, CEO and Co-founder of Kinderpedia Daniel Rogoz said,
"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."
Kinderpedia claims to help teachers and educators save 6 to 9 hours a week of administrative time and allows them to 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, and document library.
The startup works with more than 24 functional modules. Each user's input or output to each module is customized to reflect their real-life needs.
The platform also offers principals a complete perspective on all school and kindergarten activities and communication. In addition, it provides functions of automatic invoicing, financial management, and online payment of tuition fees by integrating with electronic payment systems.
Commenting on the investment, Alexandru Bogdan, CEO of ROCA X, said
"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."
At present, Kinderpedia is 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.
Last month, Kinderpedia raised an undisclosed amount of funding led by InnovX BCR. In 2020, it had raised a €420,000 seed round from ROCA X. So far, the company has raised a total of $3.6 million in funding.