What it sells
AI exam-prep tutor for GCSE, IGCSE, A-Level and IB students with instant feedback on practice answers, handwriting recognition and progress tracking; Medly Open for university students; SAT prep launched in US.
Business model breakdown
Buyer: who owns the budget?
Students / parents; schools
Trigger: what makes them buy now?
Private tutoring is expensive; about a third of 11-16-year-olds get some
Workflow: what inputs become what output?
Exam practice, marking and feedback
Economics: what it saves and how it charges
On-demand tutoring at a fraction of private tutoring cost (company claim)
Distribution: how it reaches customers
Self-service free signup and mobile-app links; school/classroom inquiries use a separate contact path. No account created.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-08-19 | Seed | €6.9M ($8M) | Felix Capital (lead), Eka Ventures, Ada Ventures, angels incl. Andrey Dobrynin, Al Giles, Jean Hammond, Hector Mason | eu-startups.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.