CYBAN Helps Raise €400,000 Funding for Teach ‘n Go

Funding Rounds

Summary

Another fundraising deal was recently concluded by the Cyprus Business Angels Network, with several of its members investing in a promising Cypriot start-up. It combines course management, scheduling, grading, online collaboration with students and payment tracking in a truly simple user-interface, which automates and centralizes the educator’s workflow, meaning education providers spend less time on routine tasks and more time teaching. Now, after witnessing the huge gap that exists in this market, we have set out to redefine how technology is used in education management and blended learning." Meanwhile, Alexandros Jacovides of Cygen Ltd, the lead business angel, says: “We strongly believe in the potential of young Cypriot entrepreneurs who develop ideas and projects aimed at the global market, not just locally. The founders of Teach ‘n Go have the necessary ingredients that Business Angels are looking for, such as education, passion, dedication, entrepreneurship and the ability to convert their innovative ideas into reality to succeed.

$ Funding

$
Amount $498.0K Total raised
Date November 30, 2014 Announcement date
Investors - Lead investors
Company http://www.teachngo.com Funded company

Classifications

industries
EduTech - institutions
applications
EduTech - learning

AskAI Classifications

Labels
Education Software School Management Software Learning Management System

Linked Companies

Teach 'n Go
up to $1M