Geekie Raises US$7M in Funding

geekieGeekie, a Brazilian education technology company, raised US$7m in funding.

Backers included Mitsui & Co., Ltd. and Omidyar Network as well as existing investors Gera Venture and Virtuose.

The company intends to use the funds for market expansion and product development.

Founded in 2011 by Claudio Sassaki and Eduardo Bontempo, Geekie provides an adaptive learning platform designed for learners to improve their performance in different educational settings. Geekie Labs, the company’s adaptive learning platform, has been adopted by public and private high schools and students preparing for the Exame Nacional do Ensino Medio (ENEM). Last year, 550,000 students used Geekie Games – a free online platform to prepare for the ENEM – to improve their chances of gaining acceptance in public universities.

FinSMEs

14/05/2015

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