Student raises $1m for ‘ultimate revision app’
Innocent Drinks founders and Index Ventures back mobile learning platform Gojimo
A start-up that provides a suite of apps to help students prepare for GCSEs and A-Levels has raised more than $1m in funding from the Innocent Drinks founders and venture capital firm Index Ventures.
Founded by George Burgess, Education Apps was started in 2009 when the 17-year old entrepreneur created an app to help other students at his school prepare for a GCSE in Geography.
Since then the company has produced more than 100 apps targeted at different subjects- including the BBC Bitesize GCSE revision apps – and this week will release Gojimo, an all-in-one app with content for most British and American secondary school qualifications.
The app, which will be available on iOS devices, will offer content from leading academic publishers including McGraw-Hill and Oxford University Press.
Students can download Gojimo for free, with study guides, textbooks and revision resources available as in-app purchases.
Education Apps said the platform can also be used by teachers and schools to track their students’ progress, with the app offering bulk in-app purchases to institutions.
The company’s $1m seed funding, announced today, was led by tech-focused venture capital firm Index Ventures with input from JamJar investments, the consumer venture fund created by Innocent Drinks founders Richard Reed, Adam Balon and Jon Wright.
At 21 years old, Burgess is one of the youngest entrepreneurs Index has invested in since it was founded in 1996.
Education apps founder George Burgess said: “We’re playing round with some interesting gamification ideas – the hope is we can make exam preparation slightly more bearable for students.
“We’ve seen mobiles and tablets revolutionise every part of our lives, except for education. Gojimo changes that.”
Saul Klein, partner at Index Ventures, said: “By reimagining education for the smartphone and tablet native generation of students, George’s ambition is nothing less than to change the way we teach and learn.
“At Index, we believe his impact will be felt far beyond the classroom walls and we are thrilled to be working with him.”