Sumdog Raises £1.4M in Funding

Sumdog, an Edinburgh, Scotland, UK-based edtech company, raised £1.4m in funding.

Backers included Nesta Impact Investments and the Scottish Investment Bank, the investment arm of Scottish Enterprise.

The company intends to use the funds for and recruitment efforts and international growth to bolster its US presence with senior appointments to its New York office.

Led by CEO Andrew Hall, Sumdog has developed an online learning system specifically designed to improve skills and attainment in maths and literacy and aligned to the Curriculum for Excellence. The website is now used by 2.8 million children in 88 countries worldwide. Going forward, the company aims to expand adoption of its existing product range as well as further deepening its core subject offering in literacy and numeracy. It is also working on plans to create an immersive 3D learning environment, further enhancing engagement with all children.

FinSMEs

22/08/2017

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