Funding
Teachmint raises $78 million Series B at $500 million value
By Startup Enthusiast ·
- Date
- Company
- Teachmint
- What it does
- Edtech infrastructure startup
- Kind
- Funding
- Amount
- $78 million
- Stage
- Series B
- Based in
- Bengaluru
What they do
Rocketship.vc and Vulcan Capital led the round, with Goodwater, Epiq and earlier backers Learn Capital, CM Ventures, Lightspeed India and Better Capital joining
What happened
The money is meant for expanding in other countries and for doubling the number of employees within about six months
Why it matters
The round valued the young classroom software company at around $500 million, bringing its total funding to roughly $118 million
The details
- Teachmint closed a $78 million Series B round in October 2021.
- Rocketship.vc and Vulcan Capital led the investment.
- The company plans to use the funds for global expansion and hiring.
Investors
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- Teachmint co-founder and CTO Anshuman Kumar quits8 April 2023 · People
- Teachmint shifts focus to digitising whole schools4 April 2023 · News