# Ceed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ceed

- Industry: Education/Training
- Headquarters: London, UK
- Website: www.pi-top.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Jul 22, 2016)
- Investors on record: 3

## About

Ceed Ltd., operating as Pi-Top, is a UK-based company focused on enhancing education through innovative digital tools and resources designed to foster inquiry-based learning in computer science and STEAM subjects.Ceed Ltd., known as Pi-Top, specializes in providing educational resources that promote inquiry-based learning. Founded in 2014 in London, UK, the company has undergone strategic transformations to adapt its offerings over the years. Jesse Lozano is the founder, and Stanley Buchesky serves as the CEO. In June 2021, the company was acquired by Tactus Ltd. from Emerge Education, Committed Capital, and Hambro Perks. The total amount raised by the company is USD 4.00 mn from 7 deals, with the latest funding round being an Unspecified Round of USD 4.00 mn, completed on June 5, 2021.Pi-Top provides educational tools aimed at fostering inquiry-based learning in computer science and STEAM. Its core offering, Further, is a digital content and classroom management platform designed for educators, featuring hundreds of hours of interactive lesson plans and materials. The company caters to K-12 institutions, teachers, and students primarily in the United States, United Kingdom, Canada, and Europe, offering resources that combine practical applications with academic concepts through hands-on learning experiences.In the most recent fiscal year of 2023, Ceed Ltd. reported a revenue of USD 1,465,779.30, with an EBITDA of USD -1,799,310.20. The revenue model includes subscriptions to the Further platform and sales of educational hardware and materials, structured through partnerships and contracts with educational institutions.Ceed Ltd. plans to expand its product offerings by launching new educational tools aligned with current technological trends in the next year, targeting additional markets in Europe and North America. The recent funding will support these initiatives to enhance its product suite and broaden its market reach. The acquisition by Tactus Ltd. in June 2021 is expected to facilitate this growth strategy by leveraging Tactus's resources and market presence.

## Funding rounds

- Series A, Jul 22, 2016, $4.6M — Committed Capital, Salica Investments
- Seed, Aug 13, 2015, $0.2M — Emerge Education

## Investors

- Emerge Education (https://capitalatlas.ai/funds/emerge-education) — Seed
- Committed Capital — Series A
- Salica Investments (https://capitalatlas.ai/funds/salica-investments) — Series A