Australian Startup Raises $1.5M to Help Schools Digitize Forms and Cut...

Financing

Australian Startup Raises $1.5M to Help Schools Digitize Forms and Cut Down on Paperwork

Apr 4, 2019

MONKEY SEE, MONKEY SIGN: CareMonkey, a Melbourne, Australia-based startup that provides schools with digital software to replace paper forms, has raised $1.5 million in a seed round led by Peter Bencivenga, with New Ground Ventures and Rethink Education also participating.

Founded in 2013, CareMonkey offers software that administrators can use to create digital forms for field trips, medical records, payments and other school purposes. The platform aims to make distributing and collecting these forms more efficient, and help schools cut down on administrative paperwork. The company claims it is used in more than 500 schools in Australia.

The funding will support its efforts to expand into the U.S. and U.K. markets. It may find itself competing with other startups with similar ideas and tools, including Permission Click, a Canadian company that raised a multimillion dollar round last year.

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