BeeReaders closed $3.5M in a seed round led by Reinventure Capital and Acumen Latam Impact Ventures (ALIVE), with participation from other organizations such as EWA Capital, University Venture Fund, and Wisconsin Investment Partners.
With this funding, BeeReaders aims to expand its personalized reading and writing learning experiences to at least half a million K-12 students in Latin America and the US. The company will use analytical tools to help educators and parents monitor their students’ progress.
BeeReaders solution integrates personalized reading and writing learning online and offline experiences, a vast collection of authentic and tailored Spanish content, and a stimulating game-like environment to accelerate reading literacy.
“We are thrilled to have the support of top-tier investors who share our vision to lead the transformation of education in the Spanish-speaking world.”Ruben Arias BeeReaders’ CEO.
To date, BeeReaders serves nearly 250K students from 500 schools across Latin America and the US.