Engageli.com Nabs Another $33 Million While Announcing the Launch of the Platform
IBL News | New York
Engageli.com, a Palo Alto-based collaborative learning platform designed in 2020 to give an answer to Zoom’s teaching limitation, raised another $33 million in Series A this month.
The round was co-led by Maveron and Corner Ventures. Additional investors included Good Friends, Educapital, and other technology executives. The venture capital firms that invested in Engageli’s seed round also participated in Series A.
To date, Engageli has raised over $47 million.
“The new capital will be used to further scale Engageli’s product development and fuel its continued growth,” said Dan Avida, co-founder and CEO of Engageli.
In parallel, Engageli also announced the spring release of its platform, which includes key features like attendance tracking, LMS integration, a speaker panel, and co-instructor capabilities.
“Higher education institutions, instructors, and students are looking towards a future where multiple modalities for learning exist in parallel — in person teaching, synchronous and asynchronous online education, as well as hybrid models. Engageli’s platform is designed to support and enhance all these modalities,” said Dan Avida, co-founder and CEO of Engageli.
Coursera’s Co-Founder and CEO of Insitro Daphne Koller and her husband, computer scientist Dan Avida launched Engageli last fall. Serge Plotkin was also on the founding team.
• IBL News, October 2020: Another Zoom Challenger: Engageli Capitalizes on Video Conferencing Limitations
• IBL News, April 2021: Blackboard’s Former CEO Attracts More Millions for Its Zoom-Based Startup
• TECHCRUNCH, May 2021: Engageli nabs $33M more for its collaborative video-based teaching platform