Odem.io, a Chiasso, Switzerland-based creator of an On-Demand Education Marketplace, completed €2.2m (US$2.75m) pre-crowdsale raise.
Accredited investors bought all of the 58.2m ODEM Tokens allocated to the presale.
Led by Richard Maaghul, Chief Executive Officer, and Bill Bayrd, Chief Operating Officer, Odem.io is creating a collaborative, interactive platform to allow students to engage with top academics around the world to create onsite educational experiences.
The platform, which includes the ODEM Token, also streamlines the organization and delivery of academic courses. The token will ease cross-border payments and encourage top educators to align their course offerings with students’ changing needs.
The company hopes to raise an additional €9.9m in the crowdsale, which will start on Feb. 17.