Tech Company Financing Transactions
Zen Educate Funding Round
Round2 Capital Partners, Adjuvo and Ascension Ventures participated in a $37 million Series B funding round for Zen Educate. The financing round was announced on 5/21/2024.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to complete several additional acquisitions in the UK and the US and further expand its operations in both markets, facilitate the scaling of its new school workforce management software, which includes SaaS products for credentialing, compliance, and absence management.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Unit 3.41 Canterbury Court, 1-3 Brixton Rd,
London, SW9 6DE
UK
London, SW9 6DE
UK
Phone
Website
Email Address
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vyacheslav Kremerman
Co-Founder
Oren Cohen
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