UK based EdTech startup Kinteract has received £1.25 million financial backing from Pembroke VCT and Blackfinch Group.
Kinteract is an interactive portable learning record and real-time report system for schools and institutes, that promotes learning and development by enabling fast feedback between teachers, students and parents.
Currently used by over 80 schools internationally, its intuitive system helps teachers create learning plans for individual pupils, allows all parties to monitor pupil progress and identifies any potential problems that need immediate attention.
Blackfinch Group, based in Gloucester is investing £750,000, with Pembroke VCT, part of Oakley Capital and based in Chelsea, investing £500,000. Kinteract will use the investment to officially launch in the UK and expand its existing footprint in international markets.
CEO Shehzad Najib said: “Despite the investment going into EdTech only 3% of the market is currently digitised. We aim to address the challenges facing schools of teacher workload, preparing students for jobs of the future and becoming data driven.
By delivering Kinteract through a social technology experience we have witnessed significant upward trends in communication and collaboration between teachers, students and parents. This is a significant investment and one which will support our continued commitment to changing learning and ultimately improving learner outcomes through personalised pathways.”