Edtech Business

Interactive Remote Reading Startup, Caribu Raises $1.3 Million

Oct 4, 2018

TELL ME A STORY: Caribu, a Miami-based developer of an app that connects parents and children via video call for reading and drawing activities, has raised $1.3 million in a seed round led by Be Curious Partners and John Cooper, managing director at investment bank Houlihan Lokey. Other investors include Revolution’s Rise of the Rest Seed Fund and AT&T.

Founded in 2015, Caribu’s digital library offers hundreds of books from brand-name publishers, and the company claims usage by parents and children across more than 140 countries. The startup offers this platform as a subscription service for $6.99 per month. (It’s free for military families, whose parents are often away from their children.)

Interactive Remote Reading Startup, Caribu Raises $1.3 Million

Edtech Business

Interactive Remote Reading Startup, Caribu Raises $1.3 Million

Oct 4, 2018

TELL ME A STORY: Caribu, a Miami-based developer of an app that connects parents and children via video call for reading and drawing activities, has raised $1.3 million in a seed round led by Be Curious Partners and John Cooper, managing director at investment bank Houlihan Lokey. Other investors include Revolution’s Rise of the Rest Seed Fund and AT&T.

Founded in 2015, Caribu’s digital library offers hundreds of books from brand-name publishers, and the company claims usage by parents and children across more than 140 countries. The startup offers this platform as a subscription service for $6.99 per month. (It’s free for military families, whose parents are often away from their children.)

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