The edtech platform raised the funds to accelerate global growth and roll out new product features.
"We built Perlego to help make learning more accessible and affordable for all. We’re meeting learners where they are, online, while helping the publishing industry move to digital in a way that works for them. This investment will help us bring our platform to more people and give them important additional learning tools. With deep experience in helping technology companies grow, we’re thrilled to be working with the Raine Group and Evli, and to continue our partnership with Mediahuis Ventures."
The seed round was co-led by Fin Capital and 1818 Ventures to accelerate the rollout of its buy now, pay later service.
"Accessing funds for businesses can be a painful, complex and time consuming experience, but we’re here to fix that. Our subscriptions offer clients access to easy, fast and affordable funding to spread their services into manageable payments. We’re helping businesses increase their liquidity and stretch their cash flow further and for longer."
The Series A round was led by Updata Partners to support international growth and product development.
"Our configurable and fully automated platform allows customers to incorporate a frictionless verification process specific to their business objectives and provides the flexibility to address data privacy and security requirements, including the ability to deploy an on-premise solution. We strive to provide the global coverage demanded by borderless organisations."
The seed round was led by Parkwalk Advisors to support team expansion and product development.
"We are looking to interrupt a marketplace dominated by technologies reliant solely on sound, vision and increasingly, touch. Our sense of smell has the power to evoke long-forgotten memories, bring food to life, calm us down and enrich our lives. We create smell technologies that can be used across a range of innovative contexts. From leading healthcare research to artistic and immersive experiences, our products offer a total digital command over scent and smell."
