Toddle, an India-based EdTech SaaS startup that provides learning management solutions to teachers, raised $17 million in Series A funding to support its expansion plans.
The round was led by Sequoia Capital India, with participation from Tenacity Ventures and Trifecta Capital, along with existing investors Matrix Partners, Beenext, and Better Capital.
“The learning management firm’s operations are spread across countries, with India schools only contributing about 7-8% of its total revenues," the firm’s co-founder and CEO, Deepanshu Arora, said. “A major chunk is derived from the Americas, followed by Europe and the Middle East.”
The firm has plans to expand into other curricula and is developing a learning management system for preschool-level educators.
Its learning management solution allows teachers to document, streamline, and plan lessons for students comprehensively. Some of its solutions are based on International Board (IB), Cambridge, British, and other curricula and are being used by over 1,500 schools globally.
Company: Toddle
Raised: $17.0M
Round: Series A
Funding Month: January 2023
Lead Investors: Sequoia Capital India
Additional Investors: Tenacity Ventures, Trifecta Capital, Matrix Partners, Beenext, and Better Capital
Company Website: https://www.toddleapp.com/
Software Category: Teaching and Learning
About the Company: Founded in 2019 by Deepanshu Arora, Gautam Arora, Misbah Jafary, Nikhil Poonawala, and Parita Parekh, Toddle is a teaching and learning platform for schools offering IB, UbD®, Cambridge, British & Independent curriculums. Toddle is a one-stop solution for educators that seamlessly integrates curriculum planning, portfolios, evidence collection, progress reports, and communication. Toddle’s mission is to amplify teaching for 60 million K-12 educators globally and support them in delivering meaningful and personalized learning experiences. Toddle empowers teachers to work together and better across different stages of the teaching-learning process, from curriculum planning and assessments to progress-tracking and family communication.
Source: https://www.vccircle.com/edtechstartup-toddle-taps-sequoia-others-for-17-mn-round