Educational Intelligence secures £750k in seed funding to build its adult learning platform.
The oversubscribed round was supported by AI expert Daniel Hulme and Stakeholderz.
Educational Intelligence builds an AI-driven online learning platform focused on improving adult numeracy and financial literacy. The company serves enterprise and government clients with scalable training solutions.
Educational Intelligence has successfully closed a £750k seed round, surpassing its initial target with backing from prominent figures including Daniel Hulme. The capital will be deployed to construct the initial minimum viable product, test market fit, and establish commercial operations.
Co-founded by Mike Fish and Cathal Naughton, the venture targets both the financial literacy market and government numeracy initiatives. The company plans to deliver its first product offering in late summer to generate early revenues ahead of a subsequent funding round planned for early 2025.
From the founder
"Concluding our funding round at this level represents a significant vote of confidence in our business by Daniel Hulme, a world expert in AI. We were delighted to work with Stakeholderz throughout the process. We will deliver our first product in late summer and the initial revenue stream will lay the groundwork for our next (post-revenue) round during early 2025"
Mike Fish
Chairman at Educational Intelligence
Investor perspective
"It has been fantastic working with Educational Intelligence, and we are so pleased to see them successfully close this round. A huge congratulations to Mike and Cathal – we will keep our investment community in close touch with how EI develops."
Florence Seabright
Commercial Lead, Stakeholderz
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Categories
About the company
Educational Intelligence
Educational Intelligence develops an AI-powered adult learning platform to improve workplace numeracy and financial literacy.