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Pre-Seed

Mindmax secures $3.3m in pre-seed funding led by Concept Ventures for its AI tutoring platform.

The financing will support product technology development and company growth.

$3.3MPre-Seed

≈ £2.5M at $1 = £0.7428 on 5 Nov 2026

Mindmax develops an interactive AI tutoring application designed to assist professionals with exam preparation and upskilling.

EdTech startup Mindmax has raised $3.3m in a pre-seed financing round. Concept Ventures led the investment, with participation from Redrice Ventures, Daybreak Ventures, and Lerer Hippeau, alongside angel backers including Maria Raga and Torsten Reil. The newly secured capital will be directed towards driving overall growth and advancing the platform's underlying technology.


From the founder

"Ed and I are prime examples of how every brain learns differently. At school, I was a round peg trying to fit into a square shaped system. It was a disaster and I left without qualifications. Too many people think they aren’t smart, when actually they don’t have access to the right style of learning for them. In the AI era, that’s a super vulnerable place for people to be. That’s what Mindmax is going to change. It will completely transform how people retain information, build skills, and future proof their livelihoods,"
Daniel Zohar

Daniel Zohar

Co-founder at Mindmax


Investor perspective

"Ed and Daniel built something remarkable with Memrise, helping tens of millions of people learn languages. The potential of what they can build is now far greater. The early traction they’ve seen is testament to this — they have an ability to design and deploy products that deliver learning experiences far superior to anything else on the market,"
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Oliver Kicks

Partner, Concept Ventures


Use of funds

  1. 01Accelerate go-to-market
  2. 02Continue product development

Investors

CV

Oliver Kicks

Concept Ventures

R

Redrice

DV

Daybreak Ventures

LH

Lerer Hippeau


Categories

AI/MLEdTech

About the company

M

Mindmax

Mindmax builds an AI tutor that helps users retain information and master new skills.

$3.3MRaised