Eedi Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Eedi Ltd. - overview
Established
2015
Location
London, -, UK
Primary Industry
Education/Training
About
Eedi Ltd. is an educational technology company focused on enhancing mathematics learning for students aged 9-16 through an engaging online platform that offers diagnostic assessments, quizzes, and personalized intervention resources. Founded in 2015, Eedi Ltd. is based in London, UK, and specializes in providing an online platform for mathematics education.
The company was co-founded by Ben Caulfield, Craig Barton, and Simon Woodhead. As of March 2020, Eedi secured GBP 3. 50 million in Series A funding led by LEGO Ventures, which elevated the company's valuation to GBP 8. 78 million.
Eedi has completed 2 deals to date. Eedi provides an innovative online platform designed to enhance the teaching and learning of mathematics for students aged 9-16. The company's core offerings include a comprehensive suite of resources such as diagnostic assessments, engaging quizzes, and personalized lesson interventions aimed at addressing and resolving students' mathematical misconceptions. Eedi's user-friendly interface encourages independent learning through interactive content that students enjoy, ultimately fostering better engagement and understanding of mathematical concepts.
The platform is utilized by teachers and educational institutions across various geographical markets, including the United Kingdom and the United States, impacting a broad spectrum of users from primary school teachers to secondary school students. Eedi operates on a subscription-based revenue model, primarily targeting educational institutions and teachers. Schools and educators can access the platform through different pricing tiers that offer various features and levels of support, including Eedi Plus+, which provides instant access to qualified math tutors. This structure facilitates seamless transactions between Eedi and its clients, ensuring that educators can effectively implement Eedi's resources in their classrooms.
The company's focus on creating a high-quality, accessible math resource positions it as a valuable partner for schools seeking to improve student outcomes in mathematics. The specific pricing plans for services are structured to accommodate varying budgets while delivering significant educational benefits. In March 2020, Eedi Ltd. raised GBP 3.
50 million in Series A funding led by LEGO Ventures. The investment will be allocated towards developing new products aimed at enhancing user engagement and expanding into new markets, particularly targeting regions across Europe and North America by 2022. The funding will support the creation of additional resources and potential partnerships to broaden Eedi’s reach within the educational sector.
Current Investors
Founders Factory, Ascension, Emerge Education
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Internet, Education & Training Software
Website
www.eedi.com
Verticals
EdTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Eedi Ltd. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.