Zen Educate Raises £19.3M in Series A Extension Funding

Co_Founders Oren Cohen and Slava Kremerman
Co_Founders Oren Cohen and Slava Kremerman

Zen Educate, a London, UK-based provider of a platform that connects schools with temporary and full-time teachers and teaching assistants, raised £19.3M in Series A Extension funding.

The round was led by Brighteye Ventures, and Adjuvo, with participation from Ascension Ventures, several family offices and prominent angel investors including Simon Rogerson and Chris Hulatt. In conjunction with the funding, Tim Throsby, Adjuvo member and former CEO of Barclays Bank Plc, joined the Zen Educate board.

The company intends to use the funds to scale into new cities in the UK and expand further into the US, and complete its first acquisitions to consolidate the market. The funding will also double the team headcount from 100 to 200 over the next six months.

Founded in 2017 by Slava Kremerman and Oren Cohen, Zen Educate is an online platform connecting schools directly with teachers and teaching assistants. Its online platform uses proprietary software to perform an extensive series of checks during the teacher sign-up process to ensure all professionals listed are thoroughly vetted before a final manual review of each profile. It provides a secure one-stop shop to solve a school’s staffing needs, and teachers with information they need to work at each location and ways to communicate and manage relationships with the schools.

FinSMEs

13/10/2022