The pandemic has severely disrupted the framework of education globally. With in-person learning halted or interrupted, both parents and students have faced added pressure to adjust to the concept of remote learning. Brainly is a peer-to-peer online learning platform for parents and students that helps alleviate some of these challenges. At its core, the platform focuses on homework help and questions, where students can give or receive help in a trusted community. Not surprisingly, in 2020, the company experienced 75% growth for its freemium service and now has over 350M students in its community. AlleyWatch caught up with CEO Michał Borkowski to learn more about the massive shift in online learning as a result of the pandemic, the company’s plans to expand its product offering and geographically, and the company’s recent round of funding from Learn Capital, Prosus Ventures, Runa Capital, MantaRay, and General Catalyst.
#NYCtech Week in Review: 12/13/20-12/19/20
$650M+ raised! NYC Tech News for the week ending 12/19 featuring news for BigID, H1, three acquisitions, two SPACs, one traditional IPO filing, and much more including how to get a pair of Beats Headphones from our featured partner…
The AlleyWatch Startup Daily Funding Report: 12/17/2020
A mega-deal day with $380M invested in NYC startups in the last 24 hours across five transactions. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/17/2020 featuring funding details for H1, Ramp, and much more.