Teachy, an AI-powered platform transforming education in Latin America and Asia, has raised $7 million in Series A funding. Backed by top venture capital firms Goodwater Capital and Reach Capital, this investment supports Teachy’s mission to equip schools in developing regions with innovative, tailored solutions.
Key Highlights of the Series A Funding
- Investment Partners: Led by Goodwater Capital, known for backing companies like Spotify and Facebook, and Reach Capital, a top investor in education and workforce solutions.
- Other Investors: Endeavor, NXTP, and Roble Ventures also participated in the round.
- Regional Impact: One of the first significant AI-focused investments in the “Global South,” targeting LATAM, Asia, and Africa.
What is Teachy?
Teachy is an innovative platform designed to save teachers time and improve educational outcomes. With its AI-powered tools, Teachy allows educators to streamline time-intensive tasks such as:
- Lesson Planning: Create customized, curriculum-aligned lesson plans in minutes.
- Grading: Automate paper grading to save hours of manual effort.
- Exam Prep: Offer tailored preparation for college entrance exams.
Teachy’s platform also addresses specific challenges in developing regions, including limited digital connectivity and the need for alignment with local curricula.
By solving these issues, Teachy is enabling schools to embrace digital transformation and thrive in the AI era.
The Impact of Teachy at Scale
Scaling Teachy could transform education by:
- Empowering Teachers: Reducing time on tasks like grading and planning.
- Improving Student Outcomes: Delivering personalized learning support.
- Bridging Resource Gaps: Providing quality tools to underserved schools.
- Driving Economic Growth: Building skilled, educated workforces.
- Ensuring Accessibility: Offering solutions tailored to local needs and connectivity.
Teachy’s growth has the potential to reshape education, empowering educators and students worldwide.
Global Reach and Growing Impact
Since its founding in 2022 by Pedro Siciliano, a former teacher and Stanford MBA graduate, and Fábio Baldissera, an experienced entrepreneur, Teachy has experienced exponential growth:
- 1 Million Teachers Supported: Primarily in Latin America and Asia.
- 10 Million Students Impacted: Across more than 170 countries.
What Investors Are Saying
Coddy Johnson, Partner at Goodwater Capital, praised Teachy’s potential:
“Teachy is a revolutionary platform for teachers and students in personalized learning. We believe it could be transformational for educational outcomes worldwide.”
Esteban Sosnik, Partner at Reach Capital, highlighted Teachy’s regional focus:
“Teachy builds specifically for the developing world, with features like paper grading and college entrance exam prep at its core. This is a game-changer for education in these regions.”
What’s Next for Teachy?
With the new funding, Teachy plans to:
- Enhance Product Features: Build more AI-powered tools tailored to teachers’ needs.
- Expand Internationally: Scale operations to reach more schools in Asia and LATAM.
- Hire Top Talent: Focus on engineers and designers to elevate the platform’s capabilities.
Teachy’s mission is ambitious: to ensure that any teacher, regardless of geography, has the tools to provide a world-class education.
Empowering Teachers, Changing the World
For Teachy CEO Pedro Siciliano, the vision is clear:
“Our dream is to enable any teacher in any developing country to deliver the same high-quality education as the best schools in wealthy parts of the world. Teachers change the world, and we are here to help them in their mission.”
As Teachy continues to expand its reach, the company is poised to play a pivotal role in redefining education for millions of students and teachers, creating a brighter future through technology and innovation.