Teachy: Personalized Learning Company Raises $7 Million (Series A)
Summary
Teachy announced that it has raised $7 million in a Series A funding round, one of the first AI-focused investments in LATAM, Asia, and Africa.The funding round was led by Goodwater Capital, the worlds largest consumer tech-focused VC firm with partners known for investments in Monzo, Zepto, Weee!, Facebook, Spotify, and Twitter. This marks Goodwater and Reach Capitals biggest investment in the Brazilian education sector.Teachy is an AI-based workspace transforming how teachers find and create content, helping them save up to 80% of time on tasks like lesson planning and grading with curriculum-aligned, AI-customizable materials. Built for schools in Latin America and Asia, Teachy addresses challenges like local curriculum alignment and digital connectivity, enabling schools to digitalize and thrive in the age of AI.Teachy was launched in 2022 by Pedro Siciliano, a former teacher and engineer with an MBA from Stanford University; and F\xe1bio Baldissera, an engineer and serial entrepreneur. And since then, Teachy has grown rapidly to support 1 million teachers primarily in Latin America and Asia, and globally impacting over 10 million students in more than 170 countries.This funding will enhance the product, drive growth, and support regional expansion by hiring engineers and designers to scale Teachys world-class platform.Teachy is a revolutionary platform for teachers and students in personalized learning. Were excited that Teachy builds specifically for the developing world, with features like paper grading and college entrance exam prep at its core.Our dream is to enable any teacher in any developing country to deliver the same high-quality education as the best schools in wealthy parts of the world through technology.