Caribu

Founded in 2016 in Miami, US, Caribu Inc. is a platform designed for interactive educational experiences for children. The CEO of Caribu Inc.Caribu is an innovative EdTech platform that offers a unique interactive reading and drawing experience for children through video calls. The core product allows users to read books, draw pictures, and play games together in real-time, facilitating family engagement across distances. This service is designed to support families, particularly during times when physical interaction may be limited, by creating a shared virtual space for learning and creativity. Caribu focuses on serving Latinx families, particularly through initiatives such as partnerships with organizations like Teach For America and Hispanic Unity of Florida, which aim to enhance access to educational resources.Caribu generates revenue primarily through subscription-based models, offering users access to a comprehensive library of interactive content. The company's pricing structure typically includes individual subscriptions for families that allow unlimited access to the platform's features, as well as potential partnerships with organizations to facilitate broader access for specific communities. Transactions are structured to accommodate direct-to-consumer sales, with families subscribing to access Caribu’s offerings. The company also engages in partnerships to distribute subscriptions, aiming to increase its user base and enhance educational opportunities for Latinx families.In November 2022, Caribu Inc. was acquired by Mattel Inc.-owned content on its platform, enhancing its educational offerings. The company is focused on expanding its reach to additional markets, particularly targeting Latinx communities.

1. Seed

   Sep 14, 2018

   Amount

   $1.3M

   Investors

   Locked