Engageli, a digital learning platform designed to provide superior learning experiences for students and educators across higher education, has raised $33 million in a Series A funding round, the company has announced in a press release.
The round was co-led by venture capital firms Maveron and Corner Ventures, with participation from other investors including Good Friends, Educapital, and several prominent individual technology executives. Existing investors that invested in the seed round also participated in the latest round, according to a statement from the company.
Founded in 2020 by Dan Avida, Serge Plotkin, and Daphne Koller, Engageli was designed from scratch to provide a superior learning experience for students and educators across higher education to drive strong outcomes. Its digital learning platform enables higher-education institutions to provide educators and learners with an active, social, collaborative, inclusive, and engaging learning experience.
Engageli’s platform offers a host of unique tools, specially designed to enrich the inclusive digital teaching and learning experience. Its many features include flexible table groups, dynamic breakout sessions, student note-taking, Q&A, chat functions, student-instructor feedback loops, and fixed seating with real-time engagement data, among others. Using the platform, students can easily interact with their peers and their instructors during and after class as well as collaborate on course projects and materials in real-time and between classes.
Explaining about the platform, Dan Avida, Co-founder and CEO of Engageli, said in a statement,
“Engageli is reimagining digital education. We built Engageli to deliver exceptional student experiences that are personal, engaging, and rooted in learning outcomes. Higher education institutions, instructors, and students are looking towards a future where multiple modalities for learning exist in parallel – in person teaching, synchronous and asynchronous online education, as well as hybrid models. Engageli’s platform is designed to support and enhance all these modalities. Maveron, Corner Ventures, and Good Friends have a proven track record of building successful consumer companies, and we look forward to partnering with them to build a platform that is beloved by students and instructors.”
The company said that it will use the new capital to further scale its product development and accelerate its mission to create engaging and collaborative learning solutions.
Highlighting the needs for institutions to adopt Engageli for better student outcomes, Jason Stoffer, Partner at Maveron, said,
“Dan Avida and his team at Engageli, that includes professors, talented technologists, and accomplished EdTech executives, are uniquely suited to building a digital education solution that actually feels like a classroom and functions even better than some in-person courses. Pandemic or not, every school needs Engageli to drive better outcomes for students, whether they’re taking remote classes full time or opt to tune in digitally when they need the flexibility. We’re passionate about leveling the playing field in higher education, and Engageli’s unique platform will help institutions reach and support the needs of every type of student.”
Besides funding, Engageli also announced the spring release of its platform, which includes key features like attendance tracking, LMS integration, a speaker panel, and co-instructor capabilities.
Meanwhile, with this funding, Engageli has raised more than $47 million to date. The latest funding comes seven months after it raised $14.5 million in its seed round from BRM, Emerge Education, and other individual investors.