Revyze, a French ed-tech business, has found success by capitalising on students’ preference for short-form, on-the-go learning.
Within just two years, the company’s “TikTok for Education” software had over one million users and ranked first in the software Store in its home nation.
Mattias Ljungman, founder of Moonfire, confirmed the funding in a statement.
As per the statement, Speedinvest (and Moonfire) led the round, with participation from Motier Ventures, Station F, the world’s largest startup incubator, Illka Paananen (cofounder of Supercell), Riccardo Zacconni and Sebastian Knusson (cofounders of King / Candycrush), and Nickey Skarstad (Director of Product, Duolingo).
Revyze was launched in 2022 by Guillaume Perrot (ex-Alan), Anatole Blanc (ex-Auto1), and Florent Sciberras (ex-Airbnb) to democratise access to high-quality education worldwide.
“You can think of Revyze as Duolingo meets TikTok. Duolingo for the gamified learning structure & Tiktok for the short-form video format & social interaction,” Perrot said.
The French edtech claims it provides a continuous stream of short educational films developed by its growing community of 2,000-course creators.
Students may review topics like arithmetic or history from any place, which matches the convenience of social media sites.
The technique certainly resonated ahead of France’s national middle school exam, with one-third of all 9th graders using Revyze.
This latest fundraising comes after a €2 million pre-seed round in 2022 from noteworthy investors such as Airbnb co-founders Alan, Front, Ledger, and MistralAI.
“Decentralising creation by empowering creators to create content opens a scalable path to the content personalisation we see on Tiktok, but applied to learning thanks to AI. We’re incredibly excited by the opportunities this opens for Revyze globally,” said Ljungman.
We earlier reported that TikTok’s parent company, ByteDance, plans to discontinue TikTok Music, its short-lived music streaming service in November.
