Sdui Raises €25 Million in Series A Funding Extension   

by Kay Aloha Villamor in February 6th, 2023

Sdui, a Koblenz, Germany-based edtech startup that simplifies communication and organization at schools and daycare centers, secured €25 million in follow-on funding.

The round was led by German-based VC firms HV Capital and Haniel. Existing investors and new capital providers, including private equity professional Dr. Michael Hinderer and growth debt investor Kreos Capital, also participated in the round. 

The new investment will further drive Sdui’s internationalization and product expansion and thus secure its consistent growth.

By focusing on internationalization and the extension of its product, Sdui will position itself more broadly as a reliable and innovative digitalization partner for educational institutions across Europe.

Daniel Zacharias, founder, and CEO of Sdui: “We are delighted to have a number of renowned investors in our board that are committed to our future strategy and continue to support Sdui’s ambitions to scale in Europe. With a revenue growth of more than 300 percent since the initial Series A in March 2021, Sdui has been able to prove how much more potential our startup’s business model offers. These investments are building the bridge towards profitability, giving us additional confidence to execute our strategy in the current financial market environment.”

Sdui builds the operating system for everyday digital education and facilitates communication and organization in schools and daycare centers with functions such as chat, digital class books, or cloud.

School and daycare centers are able to communicate and organize more efficiently with the SDUI smart features that connect teachers, educators, parents, and children. As a result, SDUI’s platform reduces administrative workload and allows teachers to focus on providing the best possible education. 

Company: Sdui GmbH

Raised: €25.0M

Round: Series A

Funding Month: February 2023

Lead Investors: HV Capital and Haniel

Additional Investors: Dr. Michael Hinderer and Kreos Capital

Company Website: https://sdui.de/

Software Category: GDPR-compliant solutions

About the Company: Founded in 2018 by Daniel Zacharias in Koblenz (Germany), Sdui is one of the fastest-growing startups in the German edtech industry. Sdui is the digital platform for secure communication and organization in schools to connect teachers, educators, parents, and children with each other through smart functions. With the web-based app, students, teachers, and parents can interact with each other, Using Sdui reduces the administrative workload and frees up time for the essential mission of the institutions: providing the best possible education. Sdui offers GDPR-compliant solutions, with functions such as chat, video calls, cloud, timetables, or translations that are specifically tailored to the needs of schools and daycare centers. With 170 employees, the Sdui Group is operational in Germany, Belgium, and Switzerland, as well as four other European countries, including Italy and Spain, and around 10,000 educational institutions currently use the platform.


Source: https://sdui.de/press/edtech-startup-sdui-extends-series-a-funding-round-to-25-million/




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