Essential reading for education companies worldwide
 
 
Remember me:
Skip Navigation LinksEI article
Exclusive: TribaLearning seeks $7-10 million growth capital

Learning management system TribaLearning is seeking $7-10 million (£4.3-£6.1 million) in Series A funding, EducationInvestor can reveal.
 
This follows the $3 million in seed funding raised by the Finnish firm last year. 
 
Triba's software lets students save, organise and search for learning material, as well as work collaboratively. It also uses data mining to personalise learning, based on an algorithm created with research from the University of Stanford and University of Helsinki.
 
The firm, which won't say how many users it has, has a number of contracts under its belt. In June it inked a deal with Numu Al-Elmia, a Saudi Arabian firm, which could result in "over 100,000" Saudis signing up to the platform.
 
It's also teamed up with e-cognition and Temasek Polytechnic in Singapore, and Jyväskylä Polytechnic in Finland.
 
Chief executive Mervi Palander said the firm had piloted its platform and was now “looking to grow our market traction rapidly and thus seek the next round of funding.” 
 
The 12-person firm is headquartered in Helsinki but has representation in the UK, Malta, China, Singapore, Indonesia and Saudi-Arabia. 
 
 


Posted on: 04/09/2014




Latest news

21/08/2019
Private equity firm KKR India will buy around 90% of education company, the EuroKids Group, from Gaja Capital and EuroKids’ founders.
21/08/2019
MPOWER Financing, which provides educational loans to international and Deferred Action for Childhood Arrivals students, has secured a $100 million loan.
19/08/2019
Student conversion company UniQuest has appointed Amanda Beard-Neilson as chief technology officer.
19/08/2019
Schoology has appointed Jill Hedrick as its new executive vice-president of sales.
19/08/2019
Minsheng Education Group, a Chinese private college and high school operator, has announced a profit of ¥203.7 million (£23.8 million) for the first six months of 2019.
19/08/2019
Options Management has acquired Hilton Lane Associates, which provides vending solutions for the education and leisure sector.
19/08/2019
Legacy Education Alliance, an educational training seminars, conferences and services company, has reported a net loss of $275,000 for the second quarter of 2019.
16/08/2019
Mindchamps Preschool has reported net profit of S$323,000 (£192,000), down 74% on the S$1.3 million reported for the second quarter in 2018.
16/08/2019
Rise Education Cayman, a junior English language training provider in China, has announced second-quarter 2019 net income of ¥22.1 million (£2.6 million).
15/08/2019
Brazilian medical education group Afya has acquired Instituto Paraense de Educação e Cultura Ltda through its wholly-owned subsidiary Afya Participações.



Europe | UK post-18 education

A wide-reaching review of post-18 education in the UK has produced a raft of recommendations designed to join up a patchwork of funding regimes, encourage life-long learning and improve social mobility. If enacted, would proposed reforms achieve this? And would they deliver a blow to universities' balance sheets, asks Josh O'Neill
Read more...


my images


Asia | Movers & shakers

Simone Rensch speaks to June Rusdon, head of Busy Bees Asia, about how she went from selling banana fritters in a Singaporean village to sitting at the helm of a global early years powerhouse
Read more...