# Cleverbean

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cleverbean-pty

- Industry: Education/Training
- Headquarters: Australia
- Website: www.cleverbean.co
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 15, 2023)
- Investors on record: 1

## About

Based in NWS, Australia, and founded in 2016, Cleverbean Pty Ltd operates as an education and training company that serves as an educational platform for teachers, parents, and students, providing literacy lessons. In May 2023, Cleverbean Pty Ltd raised USD 200,000 in seed funding led by Skalata Ventures.

Cleverbean Pty Ltd is a creator of an educational platform that encourages clear and sequential learning. The company's platform aims to replace outdated paper-based methods of tracking reading progress while also providing personalized reading strategies for individual students. Furthermore, the firm gives teachers comprehensive guidance and allows for real-time tracking of students' reading progress through benchmarked levels. With the help of tips, prompts, and engaging activities, students are able to practice reading strategies.

The company generates revenue by providing flexible pricing plans that include USD 19 monthly, USD 120 yearly, and USD 110 for school packages. 

The company plans to use the May 2023 funding to further develop its platform by adding artificial intelligence and expanding its business reach.

## Funding rounds

- Seed, Mar 15, 2023, $0.1M — Skalata Ventures

## Investors

- Skalata Ventures (https://capitalatlas.ai/funds/skalata-ventures) — Seed