Vivi raises US$20m to further accelerate overseas expansion, sets target for 1m classrooms within five years

Vivis Chief Executive Officer, Natalie Mactier, stated the US$ 20m financial investment will further speed up momentum in the US market entering into 2022. “Because of the important position we keep in the class, the future has actually constantly looked brightat Vivi,” Mactier said. “But right now, we are moving quickly to take benefit of some considerable tailwinds, particularly in the United States.”

Founder and Executive Chairman Dr. Lior Rauchberger takes pride in the effect Vivi has actually made on student engagement in the class, however said that, in spite of currently being used by over 250,000 teachers and trainees in 12 countries, theSaaS company is just starting.

” With a quickly increasing concentrate on technology enablement at schools, the greatest ratio of 1:1 trainee gadgets ever, and increasing awareness of the educational and administrative advantages of screen matching, we are thrilled to beable to get Vivi into the hands of more educators, students, and administrators rapidly.”

” Vivi has actually developed demand overseas in a method thats pretty distinct– and largely by word of mouth. The business has progressed from a point service into a thorough trainee engagement platform that has actually shown to be incredibly sticky. Our next huge objective is to be in a million class as quickly as possible and partnering with Quad will definitely speed that up.” Vivi intends on using the capital to further strengthen their customer assistance, sales & & marketing, and advancement efforts.

The financial investment will help Vivi more speed up abroad expansion, especially in the United States where its team has broadened from two to 18. The financing will allow the company to present a series of instructor efficiency includes that will furthercement Vivi as a major element of the technological facilities of schools and districts. With its technology in over 40,000 classrooms around the globe, the financial investment will expedite Vivi expanding into one million knowing areas withinfive years.

Vivi, a leading Australia-based visual learning, collaboration, and administration platform for education, is pleased to announce it has actually effectively finished a capital raise of US$ 20m (A$ 26.5 m) with New York-based education financier, Quad Partners.

One of the companys co-founders, US-based Simon Holland, led the oversubscribed raise with investors instantly purchasing into Vivis vision.

Vivi prepares to deploy the capital in the following methods:

● Platform engineering: To fund combination and extra development costs related to upcoming functions and items in the Vivi innovation platform.

Quad Partners Principal, Connor OKeefe, sees the fantastic potential of Vivi, mentioning the significance of its placing within the edtech ecosystem. “Vivi distinctively sits at the intersection of a number of accelerating tailwinds supporting innovation usage in education. Engineered byeducators, Vivi is designed to be an agnostic visual knowing and material delivery option that makes teachers more efficient and trainees more engaged.

Quad Partners Principal, Connor OKeefe, sees the excellent capacity of Vivi, stating the value of its positioning within the edtech community. “Vivi distinctively sits at the intersection of a variety of speeding up tailwinds supporting technology use in education. Their vigorous efforts around enhancing the user experience for students, teachers, and administrators in a more tech-enabled world has truly set them apart from their peers. Were thrilled to be partnering with the Vivi team on their exciting journey ahead.”

● Operational facilities: To elevate logistics and supply chain operational procedures, led by a new US-based Chief Financial Officer.

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The financing will allow the company to present a series of instructor effectiveness features that will furthercement Vivi as a major element of the technological infrastructure of schools and districts. With its innovation in over 40,000 class around the world, the financial investment will speed up Vivi broadening into one million learning spaces withinfive years.

● Sales and marketing: To fund the hiring of additional sales and marketing FTEs in the Americas, Europe, and Asia and to accelerate Vivis penetration in those markets.

About Quad PartnersSince its founding in 2000, Quad Partners has actually invested solely in the education and corporate training markets and is among the most active and experienced investors in the space. Quad has actually invested in over 40 education companies, made over 60 add-on acquisitions and built a substantial network within the market. Quad aims to produce long-lasting equity worth by boosting the quality metrics and mission of its companies. They are enthusiastic about what they do as partners and investors. Quad has actually handled over $1 billion and currently is investing out of its 6th fund, a $388 million car. To find out more, please visit: http://www.quadpartners.com

About ViviVivi is the only wireless screen matching and digital signs tool designed for education. Engineered byeducators, Vivi is created to be an agnostic visual knowing and content delivery service that makes teachers more effective and students more engaged.

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