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K-12 edtech startup ConveGenius raises $7 million in funding

PRIVATEJan 29, 2024

Amount Raised

$7 Million

Round Type

Funding Round

MumbaiEducation

Investors

Gray Matters CapitalHeritas CapitalBace CapitalThe Michael & Susan Dell Foundation (Msdf)Mount Judi VenturesUBS Optimus Foundation

Description

K-12 focussed edtech startup ConveGenius has closed $7 million in fresh financing, led by UBS Optimus Foundation. The funding round saw participation from Mount Judi Ventures and existing investors The Michael & Susan Dell Foundation (MSDF), Bace Capital, Heritas Capital and Gray Matters Capital. The fresh funds will help the company advance the generative AI capabilities of its conversational AI platform SwiftChat and expand into international markets.

Quick answer

Conve Genius raised $7 Million in a Funding Round round, dated January 29, 2024. Investors: Gray Matters Capital, Heritas Capital, Bace Capital, The Michael & Susan Dell Foundation (Msdf), Mount Judi Ventures and UBS Optimus Foundation. Conve Genius is based in Mumbai, Maharashtra, India.

How much did Conve Genius raise?
Conve Genius raised $7 Million in a Funding Round round on January 29, 2024.
Who invested in Conve Genius?
Gray Matters Capital, Heritas Capital, Bace Capital, The Michael & Susan Dell Foundation (Msdf), Mount Judi Ventures and UBS Optimus Foundation are named as investors in this round.
What does Conve Genius do?
The Singapore-based startup claims to have at present 14 million monthly active users and 35 million daily conversations.
Where is Conve Genius based and how big is it?
Conve Genius is based in Mumbai, Maharashtra, India.

Source: Fundz verified event record.

Who else raised in Education around the same time

Companies in the same sectors as Conve Genius that raised within 45 days of this round, from Fundz verified event records.

  • Niyyah raised $2M (Series A) on March 13, 2024.
  • Smartschool raised $1.5M (Pre-Seed) on March 13, 2024.
  • Legends Lab raised $6M (Seed) on March 12, 2024.
  • PlanetSpark raised $17M (Funding Round) on March 11, 2024.
  • Educational Initiatives raised $166M (Funding Round) on March 5, 2024.
  • ScholarPath raised $300K (Seed) on March 1, 2024.

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Company Information

Company

Conve Genius

Location

Mumbai, Maharashtra, India

About

The Singapore-based startup claims to have at present 14 million monthly active users and 35 million daily conversations. INAccording to Janet Chia, head of venture capital at Heritas Capital, ConveGenius is well-positioned to fill the learning gap left by the Covid-19 pandemic.

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