Edtech Business

Social Learning Platform, Brainly Adds $14M to Series B Funding Round

Oct 30, 2017

BRAINLY, a social learning platform where students and pose and answer questions, has raised an additional $14 million as part of its Series B round, which now totals $29 million. Kulczyk Investments led the deal, and previous investors including Naspers, General Catalyst, Point Nine Capital and Runa Capital also chipped in. The company, based in New York and Krakow, Poland, has now raised $38.5 million.

Founded in 2009, Brainly claims more than 100,000 questions are answered on a daily basis. The company also says it recently surpassed the 100 million monthly user milestone, with middle- and high-school students across 35 countries. Despite the impressive numbers, however, it is still searching for revenue. Brainly CEO Michal Borkowski told VentureBeat his team is “testing monetization in the United States and in Poland.”

Edtech Business

Social Learning Platform, Brainly Adds $14M to Series B Funding Round

Oct 30, 2017

BRAINLY, a social learning platform where students and pose and answer questions, has raised an additional $14 million as part of its Series B round, which now totals $29 million. Kulczyk Investments led the deal, and previous investors including Naspers, General Catalyst, Point Nine Capital and Runa Capital also chipped in. The company, based in New York and Krakow, Poland, has now raised $38.5 million.

Founded in 2009, Brainly claims more than 100,000 questions are answered on a daily basis. The company also says it recently surpassed the 100 million monthly user milestone, with middle- and high-school students across 35 countries. Despite the impressive numbers, however, it is still searching for revenue. Brainly CEO Michal Borkowski told VentureBeat his team is “testing monetization in the United States and in Poland.”

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