Finnish Social-Emotional Learning Startup Raises €1.1 Million for US...

Financing

Finnish Social-Emotional Learning Startup Raises €1.1 Million for US Expansion

May 12, 2020

School Day, a Helsinki, Finland-based provider of analysis tools to measure students’ well-being, has raised €1.1 million (approx. $1.2 million USD) in a seed round led by Sparkmind.vc. Other investors include Lifeline Ventures and John Martin, the former CEO of Sanoma Learning.

Founded in 2017, School Day offers a suite of tools that survey students about their social-emotional wellbeing, analyzes the results for educators, and recommends approaches and resources that may help address problems. The tool is based on a research-supported framework that breaks down mental and physical well-being into 28 categories.

The company says it has over 10,000 active users, mostly across Scandinavia. The funding will support its business development efforts in the United States, where it has a team in New Jersey.

This marks the second investment for Sparkmind.vc, a Finnish edtech fund that launched in March.

 

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