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Vivi, a number one Australia-based visible studying, collaboration, and administration platform for training, is happy to announce it has efficiently accomplished a capital increase of US$20m (A$26.5m) with New York-based training investor, Quad Companions.
The funding will assist Vivi additional speed up abroad enlargement, notably within the US the place its workforce has expanded from two to 18. The funding will enable the corporate to introduce a collection of instructor effectivity options that may additional
cement Vivi as a serious element of the technological infrastructure of faculties and districts. With its expertise in over 40,000 school rooms all over the world, the funding will expedite Vivi increasing into a million studying areas inside
5 years.
One of many firm’s co-founders, US-based Simon Holland, led the oversubscribed increase with traders instantly shopping for into Vivi’s imaginative and prescient.
Vivi’s Chief Government Officer, Natalie Mactier, mentioned the US$20m funding will additional speed up momentum within the US market going into 2022. “Due to the necessary place we maintain within the classroom, the long run has at all times appeared shiny
at Vivi,” Mactier mentioned. “However proper now, we’re shifting rapidly to make the most of some vital tailwinds, notably within the US.”
“With a quickly rising deal with expertise enablement at colleges, the best ratio of 1:1 pupil units ever, and rising consciousness of the educational and administrative advantages of display mirroring, we’re thrilled to be
capable of get Vivi into the palms of extra college students, educators, and directors rapidly.”
Founder and Government Chairman Dr. Lior Rauchberger is happy with the impression Vivi has made on pupil engagement within the classroom, however mentioned that, regardless of already being utilized by over 250,000 lecturers and college students in 12 nations, the
SaaS firm is simply getting began.
“Vivi has created demand abroad in a approach that’s fairly distinctive – and largely by phrase of mouth. The corporate has advanced from some extent resolution right into a complete pupil engagement platform that has confirmed to be extremely sticky. Our subsequent huge objective is to be in 1,000,000 school rooms as quickly as attainable and partnering with Quad will definitely pace that up.”
Vivi plans on utilizing the capital to additional bolster their buyer assist, gross sales & advertising and marketing, and growth efforts.
Vivi plans to deploy the capital within the following methods:
● Gross sales and advertising and marketing: To fund the hiring of extra gross sales and advertising and marketing FTEs within the Americas, Europe, and Asia and to speed up Vivi’s penetration in these markets.
● Operational infrastructure: To raise logistics and provide chain operational processes, led by a brand new US-based Chief Monetary Officer.
● Platform engineering: To fund integration and extra growth prices associated to imminent options and merchandise within the Vivi expertise platform.
Quad Companions Principal, Connor O’Keefe, sees the good potential of Vivi, stating the significance of its positioning inside the edtech ecosystem. ”Vivi uniquely sits on the intersection of quite a lot of accelerating tailwinds supporting expertise utilization in training. Their tireless efforts round optimizing the consumer expertise for college kids, lecturers, and directors in a extra tech-enabled world has actually set them aside from their friends. We’re thrilled to be partnering with the Vivi workforce on their thrilling journey forward.”
About Quad Companions
Since its founding in 2000, Quad Companions has invested completely within the training and company coaching industries and is likely one of the most energetic and skilled traders within the area. Quad has invested in over 40 training corporations, remodeled 60 add-on acquisitions and constructed an in depth community inside the trade. Quad goals to create long-term fairness worth by enhancing the standard metrics and mission of its companies. They’re obsessed with what they do as traders and companions. Quad has managed over $1 billion and at the moment is investing out of its sixth fund, a $388 million car. For extra info, please go to: http://www.quadpartners.com
About Vivi
Vivi is the one wi-fi display mirroring and digital signage software designed for training. The corporate helps IT assist lecturers assist college students with classroom expertise that enhances collaboration, management, and creativity. Engineered by
educators, Vivi is designed to be an agnostic visible studying and content material supply resolution that makes lecturers extra environment friendly and college students extra engaged. Get began with the wi-fi display mirroring resolution utilized in over 40,000
school rooms all over the world at vivi.io.
eSchool Media workers cowl training expertise in all its elements–from laws and litigation, to greatest practices, to classes discovered and new merchandise. First printed in March of 1998 as a month-to-month print and digital newspaper, eSchool Media offers the information and knowledge essential to assist Ok-20 decision-makers efficiently use expertise and innovation to rework colleges and faculties and obtain their academic targets.
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