Atom Learning raises £19m in a Series A round led by SoftBank Vision Fund 2 to accelerate growth.
SoftBank Vision Fund 2 led the Series A round to support domestic expansion and team growth.
Atom Learning provides an adaptive online learning platform designed for primary school children aged 7 to 11. The company develops tools that serve both classroom teachers and parents seeking alternatives to private tuition.
Atom Learning has secured £19m in a Series A funding round led by SoftBank Vision Fund 2. The investment marks the largest Series A round ever recorded for a British educational technology company.
Founded in 2018, the London based platform has expanded to serve over 500 primary schools and 100,000 students across the UK. The company offers two main products, including a free platform for teachers called Atom Prime and a subscription home learning alternative to private tuition called Atom Nucleus.
The newly acquired capital will be deployed to accelerate domestic growth with the aim of reaching every primary school in the UK, double the current headcount of 100 employees, and prepare for an international expansion into the US market.
From the founder
"We are delighted to partner with SoftBank as we scale in the UK and internationally. They’re a natural partner due to their ambition and their commitment to edtech in Europe and globally. Our mission is to provide all children wherever they are and whatever their background with an affordable, high-quality education. We are doing this by combining exceptional teacher-made content with industry defining technology. This investment will allow us to bring the very best people to the UK’s fastest growing edtech company."
Jake O'Keefe
Co-founder at Atom Learning
Investor perspective
"The utilisation of edtech and adaptive learning within established curricula has accelerated rapidly both in school and the home"
Yanni Pipilis
Managing Partner, SoftBank Vision Fund 2
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
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About the company
Atom Learning
Atom Learning develops an adaptive online platform for primary school children.