Medly has secured USD $8 million in seed funding, led by Felix Capital, with participation from existing investors Eka Ventures and Ada Ventures. The London-based education technology company aims to enhance its AI tutoring platform for GCSE, IGCSE, A-Level, and International Baccalaureate students. Medly's app has attracted over 400,000 users and boasts a significant increase in user engagement. The funding will help strengthen its offerings and support its growth.
Company Information
Company
Medly
Location
Greater London, England, United Kingdom
About
Medly is a London-based education technology company that offers an AI tutor focused on exam preparation for students studying for various qualifications, including GCSE, A-Level, and International Baccalaureate. Founded by Dr Paul Jung and Dr Kavi Samra, the company's mission is to provide affordable access to personalized tutoring for students from low-income households. Since its launch, Medly has gained over 400,000 users in the UK and has shown significant improvements in student performance. The platform uses a neuroscience-based approach to enhance learning outcomes through personalized feedback.
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Greater LondonEducationE LearningEdtechLanguage Learning