Tech Company Financing Transactions

Zen Educate Funding Round

On 10/13/2022, Zen Educate secured $22 million in Series A financing from Adjuvo, Brighteye Ventures and Ascension Ventures.

Transaction Overview

Company Name
Zen Educate
Announced On
10/13/2022
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors

Adjuvo (Lead Investor) (Tim Throsby)

Brighteye Ventures (Lead Investor)

Ascension Ventures

private investors (Chris Hulatt)

private investors (Simon Rogerson)

Proceeds Purpose
The company intends to use the funds to scale into new cities in the UK and expand further into the US, and complete its first acquisitions to consolidate the market. The funding will also double the team headcount from 100 to 200 over the next six months.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
Unit 3.41 Canterbury Court, 1-3 Brixton Rd,
London, SW9 6DE
UK
Phone
+44 20 3870 4413
Website
www.zeneducate.com
Email Address
[email protected]
Overview
Our mission is to change the world of education recruitment. Schools spend over £2bn a year on agency staff, with over £600m per year of that spent on fees that go straight to the recruitment agencies. So far, we've saved UK schools over £3m in supply teaching recruitment costs, and that number grows every day, meaning the funding can be put back into education within the schools.
Profile
Zen Educate LinkedIn Company Profile
Social Media
Zen Educate Company Twitter Account
Company News
Zen Educate News
Facebook
Zen Educate on Facebook
YouTube
Zen Educate on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vyacheslav Kremerman
  Vyacheslav Kremerman LinkedIn Profile  Vyacheslav Kremerman Twitter Account  Vyacheslav Kremerman News  Vyacheslav Kremerman on Facebook
Co-Founder
Oren Cohen
  Oren Cohen LinkedIn Profile  Oren Cohen Twitter Account  Oren Cohen News  Oren Cohen on Facebook

 

 

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