Gojimo, an app that helps U.okay. high school students put together for checks, has been obtained through Telegraph Media staff, the writer of The day-to-day Telegraph and The Sunday Telegraph newspapers. terms of the deal remain undisclosed, but from what I gather the Gojimo workforce are staying on and the company will nonetheless be run as a separate entity.
The startup’s shareholders incorporated London VC agency Index Ventures, and JamJar Investments, the mission fund set up by way of the founders of harmless Drinks, who both invested in Gojimo’s seed spherical. In a later round, father and son duo Robin and Saul Klein, Deborah Quazzo of GSV Advisors, seed-stage investment platform Firestartr, and the London Mayor’s London Co-funding Fund additionally backed the corporate. further money additionally got here by way of equity crowd funding platform CrowdBnk. Gojimo used to be notion to have raised round $ three million in whole.
available on iOS, Android and the net, the Gojimo app helps college students brush up on quite a lot of topics prepared to sit down their nationwide exams and bargains hundreds of curriculum-particular evaluation gadgets. in reality, it claims to be the U.okay.’s primary examination instruction app, with over sixty five,000 revision questions for over 20 different topics. The startup has also experimented with top class content material from major educational publishers, comparable to McGraw-Hill education and Oxford university Press, available by the use of in-app purchases.
That the Telegraph Media group, a leading information writer, has got the company is noteworthy, if only as a result of I get to juxtapose the following quote from CEO George Burgess, who based the startup after dropping out of Stanford.
“We don’t have any critical competitors in the U.k.,” he told me in December 2015. “there may be quite a lot of noise however few products of any quality. one of the most greater publishers have tried their hand at mobile revision resources, however they’ve by no means understood apps. They don’t comprehend the way to market their products or bear in mind freemium models”.
Cue canned observation from Christopher Keller, Head of workforce business construction at TMG: “For more than 160 years, The Telegraph has empowered its readers via its rich and relied on content material. This acquisition is any other milestone in our method to engage new audiences and to empower more individuals to growth in existence through the content we produce.”
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