Vygo, an Australia-based Saas platform reinventing the conventional social support ecosystem in higher education, raised £1.5 million in pre-seed funding.
The round was led by Edtech VC Sparkmind and supported by Angel Investment Network. Other participants include Edtech accelerator Supercharger Ventures and the Australian Catholic University.
The funds will be used for platform development and expansion of its UK and European presence. The raise will help it expand in the UK and Europe and fuel its ambition to build borderless social education for every student.
Company: Vygo Pty Ltd.
Raised: £1.5M
Round: pre-Seed
Funding Month: March 2022
Lead Investors: Sparkmind
Additional Investors: Supercharger Ventures and the Australian Catholic University
Company Website: https://vygoapp.com/
Software Category: Student support platform
About the Company: A Fast-growing Edtech startup, Vygo is a SaaS platform reinventing the conventional social support ecosystem in higher education. Vygo is a student support platform that helps education institutions connect their students to all of their mentors, tutors, advisors, and other support services. Offering personalized support services beyond the physical campus, the business already works with a third of Australian Universities and is rapidly growing in the UK. The Vygo team believes that every learner deserves the opportunity to be mentored and to mentor someone else.
Source: https://www.businessleader.co.uk/edtech-startup-vygo-secures-1-5m-in-pre-seed-round/