Startups

Edtech startup Byndr raises $700K

The mobile learning platform is reportedly used by 50,000 students at 50 higher-ed institutions.

The Byndr platform on iOS. (Courtesy photo)

Byndr, an edtech company based in Hyderabad, India, and Conshohocken, Pa., raised $700,000 from Ben Franklin Technology Partners, the University of Pennsylvania’s Education Design Studio, and a group of private angel investors.
The raise, announced on Friday, will go toward expanding the company’s sales and development team, as the organization aims to offer more educational content to students and more perks for the institutions that use it.
“This seed round will not only help us grow our user base, but also enable us to continue iterating our product to make it more useful to our students, teachers and colleges,” said cofounder and CTO Praveen Vangeepuram.
The platform launched in March 2015 as a joint venture. Here’s how the platform works:
https://www.youtube.com/watch?v=AmFFG7LfQuo

Technical.ly's Editorial Calendar explores a different topic each month. The August 2016 topic is edtech. See edtech coverage from all five of our East Coast markets here.
Correction: Byndr is used at 50 higher-ed institutions, not 100, as was reported in an earlier version of this story. (8/2/16, 1:17 p.m.)
Companies: Ben Franklin Technology Partners / University of Pennsylvania
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Donate to the Journalism Fund

Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Trending

VCs are losing optimism for Philly startups as investment dollars dip

I know civic technology. This is not civic technology.

Philly restaurant analytics startup ClearCOGS raises $3.8M — thanks to its Chicago presence

How to build AI people actually want, according to the product lead for Amazon Alexa

Technically Media