Odilo, a Spanish startup providing digital content and learning services for the personal and professional development of their users, raised $10m in funding.
The round was led by Swanlaab Venture Factory, new international investors such as Endeavor Catalyst and CDTI alongside current investors KIBO VC, JME VC and Active VP.
The company intends to use the funds to boost development of its intelligent learning experience technology, increase its content catalog (which already includes 5,300 partners in 43 languages), and advance global expansion by entering new markets.
Led by Rodrigo Rodríguez, Founder and CEO, Odilo provides a solution that allows clients in more than 43 countries such as schools, universities, business schools, and corporations to create their own educational “Netflix” or unlimited educational ecosystems by offering access to over 3 million titles from providers of ebooks, audiobooks, articles, podcasts, videos or courses as well as the ability to create original, integrated learning experiences (independent, guided, collaborative, certified, classroom, etc.). More than 146 million users around the world have access to more than 3 million multiformat educational and cultural titles through the platform, created for Governments, independent schools, business schools, universities, and libraries. It is used by more than 6,200 innovative institutions from all continents and 5,300 content providers.