Zzish, a London, UK-based edtech startup, raised £544k in a crowdfunding round.
The company, which has raised £3.5m in total funding to date, intends to use the capital to accelerate global expansion plans and extend its product further to parents, particularly in the US and Asia.
Led by Charles Wiles, CEO & Founder, Zzish provides a formative assessment platform for teachers and students. Its intelligent educational app platform gives teachers and parents instant insight into each child’s learning gaps, and then finds solutions to help each child progress.
Teachers can also pre-assign tailored follow-up exercises once students have completed an interactive game or assessment that measures their mastery of a topic. Additionally, the platform learns just how effective each learning resource is and how much it improves students’ results on average so that, when teachers set assignments with the tool, they’ll be recommended follow-up activities which are proven to have the most positive impact on students.
Finally, Zzish is also a platform for developers to create, distribute and monetize educational applications.
Today, 155,000 teachers from 170 countries and two million students currently use Zzish.
Last year, the company raised over £1m in less than 24 hours on equity crowdfunding platform Crowdcube. It is backed by Leaf Investments, Chengdu Wide Horizon, one of China’s leading edtech funds, and Neil Hutchison, angel investor and founder of the Forward Internet Group.