The early learning ed-tech startup Creative Galileo has announced a funding raise of $7.5 million in a Series A funding round. The round was backed by Kalaari Capital, Affirma Capital, East Ventures, Valiant Employee Investment Fund, and some angel investors.
The total valuation of the company is calculated to be $10 million, including a pre-Series A round of $2.5 million in October 2021.
Creative Galileo is planning to utilize the fresh capital funding in the following ways:
Creative Galileo was founded by Prerna A. Jhunjhunwala and Nikhil Naik in July the year 2020. Basically, the company is all about a character-based early learning platform for kids suitable for the age group of 3-10 years. The platform has witnessed over 7 million downloads. Creative Galileo facilitates a well-rounded curriculum for children through engaging and compelling narratives, gamified content, interactive learning journeys, and detailed parent updates.
The company is having further expansion plans in Southeast Asia, Creative Galileo recently started its foray with international alliances such as with EBS Korea, a leading educational content specialist broadcasting company.
“In the last year, we have successfully built and provided millions of children access to high-quality content with our Digital and Educational Equality Mission. We want to enable bespoke learning for children across the globe through their favorite characters to strengthen their foundation during early years, which will also help develop and strengthen critical thinking, confidence, cognitive skills, and emotional intelligence,” said Prerna A. Jhunjhunwala, Founder, Creative Galileo.
“We are excited to strengthen our partnership with Prerna and Nikhil as they continue their journey of transforming learning experiences for children across the globe. In the last six months, they have achieved strong growth with low marketing spending,” said Koh Wai Kit, Managing Partner of East Ventures.