Guide Education secures £6m in seed follow-on funding led by the UK Government Future Fund to address teacher shortages.
The funding round was led by the UK Government Future Fund.
Guide Education is an education technology company that provides online teacher training programmes and resources. The firm operates a digital platform designed to help schools train staff and alleviate teacher shortages.
Guide Education has secured £6m in a seed follow-on funding round led by the UK Government Future Fund, with participation from private investors and advisory support from Novistra Capital. The capital will be deployed to address growing teacher shortages globally and expand the reach of the company training platform.
Founded in 2016, the London-based business operates an online teaching resource used by hundreds of schools internationally. The fresh funding follows a period of commercial growth that includes a seven-figure turnover and widespread adoption of its proprietary video curriculum.
From the founder
"The investment is a testament to the sustained impact we’ve made across schools and learning institutions. We have refined our services and are now poised to scale the offering. The UN has stated that the world will be 68 million teachers short by 2030. Without a qualified teacher in every classroom in every school, the quality of education for young people will diminish significantly. This will impact the poorest students first and foremost, furthering educational inequality."
Leon Hady
Founder and CEO at Guide Education
Investor perspective
"2020 was the highest year on record for investments in the Edtech sector globally. 2021 has also started strongly, however, one of the biggest challenges in deploying Edtech has been teacher training. The pandemic has exasperated the many problems teachers face. This product solves the core problem by making it ever easier for schools, colleges and governments to effectively train their staff. The latest funding round is a testament to Guide Education as a company and their mission of solving the teacher shortage and training challenge we face today."
Vipul Bhargava
Partner, Novistra Capital
Investors
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About the company
Guide Education
Guide Education provides digital platforms and training courses for teachers.