Teachers looking to help their students pass official entrance exams for public university education or governmental jobs need look no further than Ucademy. The Spanish educational tech company has recently raised $1.67 million (€1.5 million) in a financing round led by venture capital firm Brighteye and Eoniq.
With the new capital, Ucademy plans to expand into international markets with its University Access Exams. It is currently established in Chile, Mexico, and Spain, and is looking to open up in additional markets. The company also plans to dedicate resources to improving its technology, incorporating Artificial Intelligence into its personalized study process.
Ucademy was founded in 2021 with the mission of helping students pass their entrance exams. They offer an innovative platform that features small informative videos, 24/7 access to teachers, and continuously updated notes. The startup has become well-known for its entrepreneurial culture and ability to attract and retain talent.
In its first year, Ucademy has already achieved a turnover of €2 million and expanded into 8 countries. With its ongoing Series A round, the company aims to close the year with a turnover of close to €4 million and a team of more than 60 employees.
Co-founder and CEO Ramiro Zandrino of Ucademy said: “We are very happy that investors continue to trust us because it validates our work and vision. We have experienced important growth since the end of 2022, but always with the intention and care of maintaining our culture and way of being.”
Teachers looking for an educational technology platform to help their students pass their exams will find a reliable partner in Ucademy. With its innovative technology, personalized study plans, and dedicated team, Ucademy is the perfect choice for students looking to succeed.
