Osborne Clarke has advised Koblenz-based education start-up Sdui on the continuation of its Series A financing round, which now totals EUR 25 million.
Since the initial Series A round in spring 2021, Sdui has reported 300 percent growth – investors recently acknowledged this with a new financing of EUR 18 million.
The digitalisation of education is currently on everyone's lips – and the German EdTech start-up was founded in 2018 with an innovative idea: a platform that enables digital communication between educational institutions, teaching staff, parents and students in an uncomplicated and privacy-compliant manner. As an “operating system for everyday digital education”, users can be informed about changes in the timetable, submit excuses, exchange letters to parents and homework via functions such as chats, digital class registers or clouds for data exchange.
The company is currently represented in Germany, Switzerland and Belgium with a total of around 170 employees. In addition, the Sdui Group is active in four other countries, including Italy and Spain; more than 10,000 educational institutions throughout Europe use the solution.
“We are delighted to have a number of renowned investors in our board that are committed to our future strategy and continue to support Sdui's ambitions to scale in Europe. […] These investments are building the bridge towards profitability, giving us additional confidence to execute our strategy in the current financial market environment,” said Daniel Zacharias, founder and CEO of Sdui.
The team that advised Sdui, led by Dr Benjamin Monheim, consisted of Dr Jana Bertus, Victor Robertz (all Corporate/VC) and Jan Marco Aatz (Antitrust).