
As schools move more widely into reopening their doors for in-person learning, many educational institutions have also learned a critical lesson in the last year. Having better tools to teach remotely are critical for situations when the physical experience has to be shut down, but even when things are “back to normal”, better tech can still enhance what educators and students can do, and to whom teaching can be delivered. Now, a startup betting on virtual learning in higher education — and investing in the innovation to deliver that — is announcing a round of funding as it continues to expand its business.
Engageli, which has built an online teaching platform from the ground up — providing not just its own built-in-house video technology to deliver lectures and enable conversations, but tools to enable students to “sit” in study groups to work together and features to share and annotate lecture notes, take quizzes and more — has picked up $33 million in funding.
CEO Dan Avida — who co-founded the company with his wife Daphne Koller (the Coursera co-founder) and Serge Plotkin — said the startup will be used to continue building more tools and scaling its platform and opening it up to more schools, specifically the bracket of higher learning colleges and universities that it targets as customers, as these institutions continue to embrace the promise of better video tools both for delivering live lessons and also to develop more on-demand and other features around Engageli’s video platform.
“At first the priority was on the best synchronous experience,” Avida said in an interview, of the priorities of universities when it came to remote learning. “Now everyone is much more focused on multi-modality.”
The funding, a Series A, is being co-led by Maveron and another (unnamed) investor and also includes participation from Corner Ventures, Good Friends, Educapital and what Engageli describes as several “prominent individual technology executives.”
Engageli comes out of stealth with $14.5M and a new approach to teaching by video remotely
Notably, the funding is coming only seven months after the startup first emerged from stealth in October 2020, and investors from the $14.5 million seed round that it announced at the same time are also participating. The startup has now raised more than $47 million and is not disclosing its valuation.
While there are now dozens, maybe even hundreds, of tools to help students learn things without being inside a traditional classroom, Engageli has taken a slightly different approach from the pack by building its video-based platform from the ground up, with educational aims in mind.
This is already a step change, when you think about it, from the likes of Teams from Microsoft, Google Classroom or Zoom. These are three of the most commonly used video platforms in educational settings, but they are all based on technology that was, essentially, originally built with more enterprise and generic purposes in mind.
From this, Engageli has worked on expanding the platform with tools that enhance not just the video experience, but enhance it in ways that make sense for educators and learners — that is, tools that are intuitive to use for those teaching and studying.