Brainly an EdTech startup raises $80M in Series D Round

In order to help societies retain greater social distance, the Covid-19 pandemic has contributed to a huge upswing in virtual learning—where some schools have gone remote, and others have implemented substantially stronger online components. Edtech startup Brainly raised $80 million as part of a Series D led by Learn Capital with the participation of Prosus Ventures and General Catalyst Partners. Existing startup investors, Runa Capital and Manta Ray, have also joined the round.

The Poland based startup says it has reached 350 million unique users worldwide and has raised a total of $150 million so far. Founded in 2009, Brainly provides direct support to students and parents and meets their individual learning needs rather than being designed for the school curriculum.

More than 55 million people use Brainly in India, one of its largest markets. As well, it has larger learning communities in Indonesia, Brazil, the United States, Russia and Latin America. The Brainly application has registered over 50 million downloads in the Google Play Store and is rated 4.3.

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“We recognised that students require a peer-to-peer learning platform. The growth of this model has accelerated as a result of the global pandemic, forever changing the way students learn. Today, Brainly is the de facto resource for students and parents seeking help with homework from their peers and experts.” Said Michał Borkowski, Co-founder and CEO, Brainly.

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