Firefly Learning, a London-based EdTech startup, has closed a £4.5m Series A round led by BGF Ventures.
The startup, which also drew support from Beringea, can be used by teachers, students and parents to set homework, create resources and track students’ learning progress.
Speaking about the raise, Simon Hay, one of the co-founders of Firefly Learning, commented: “We first started developing this idea for a business when we were 13 or 14 and staring at a pile of revision notes on a bedroom floor. We thought there has to be a better way to organise school work, which has hardly changed since Victorian times.
“We started experimenting with programming and built a new intranet for our school, so we could access homework and resources from our computers,” he explained.
The firm says it will use the funds for research and development. It also plans to expand its sales and marketing teams.
Simon Calver, founding partner at BGF Ventures, said: “There are lots of apps and platforms for schools out there but Firefly has created a complete platform that integrates reminders, messaging, homework setting activities and learning resources.”
Stuart Veale, managing partner at Beringea, added: “We are delighted to be investing in Firefly alongside BGF Ventures. This new funding round will provide the company with the resources to continue its rapid growth and to enter its next phase of development. We look forward to working with the company to help it expand its presence in both the UK and elsewhere.”