# Engageli

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.engageli.com
- Total disclosed funding: $48M
- Latest round: Series A (May 11, 2021)
- Investors on record: 6

## About

Engageli, Inc. specializes in innovative online learning solutions that enhance student engagement through interactive virtual classrooms and advanced course creation tools, aimed at diverse educational environments.Engageli, Inc. is a learning technology company that focuses on improving online education experiences. Founded in 2020 in San Mateo, California, by Dan Avida, Daphne Koller, Gideon Avida, Jamie Farrell, and Joe Peter, the company has successfully completed 2 deals. Its most recent funding round occurred on May 11, 2021, during which it raised USD 33.00 mn in a Series A round co-led by Corner Ventures and Maveron, with participation from Educapital, Good Friends, and returning investors including BRM Group and Emerge Education. The total amount raised by the company is USD 33.00 mn, and its current valuation is USD 111.93 mn.Engageli offers a comprehensive suite of products designed to enhance online learning through active engagement and multimodal solutions. The core offerings include an interactive virtual classroom that fosters real-time collaboration, immersive self-paced learning environments, and a powerful course creation tool known as Engageli Studio. These products enable educators and organizations to create dynamic and inclusive learning experiences tailored to the needs of diverse learner groups. The platform integrates advanced AI-driven analytics and engagement tools to optimize learning outcomes and align training with business objectives. Engageli serves a broad client base that spans corporate training and development, higher education institutions, and K-12 education systems. Geographically, these solutions are employed in markets across North America, Europe, and Asia-Pacific, addressing the unique educational challenges and objectives of learners and educators in various cultural contexts.Engageli generates revenue primarily through a subscription-based pricing model, allowing clients to access their suite of educational tools and resources. Transaction structures are established as business-to-business agreements, where educational institutions and corporate clients subscribe to the platform on an annual or multi-year basis. Pricing plans are tiered to accommodate different user needs based on the scale of implementation, such as the number of users or specific feature sets utilized. Flagship products include the Engageli Virtual Classroom and Engageli Studio, which drive engagement and learning outcomes. Through these transactional relationships, Engageli ensures ongoing support and updates to enhance user experiences and optimize learning effectiveness across its diverse client base.Engageli plans to leverage the USD 33.00 mn raised in its Series A financing in May 2021 to scale product development and fuel its continued growth. The company is focused on designing new products to enhance its offerings and plans to expand into additional international markets, specifically targeting Europe and Asia-Pacific by 2023. The recent funding will support these initiatives, ensuring Engageli remains at the forefront of educational technology.

## Funding rounds

- Series A, May 11, 2021, $33M — BRM Group, Maveron, Emerge Education, Educapital, Corner Ventures, Good Friends
- Seed, Oct 14, 2020, $15M — BRM Group, Emerge Education

## Investors

- BRM Group (https://capitalatlas.ai/funds/brm-group) — Seed, Series A
- Emerge Education (https://capitalatlas.ai/funds/emerge-education) — Seed, Series A
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A
- Educapital (https://capitalatlas.ai/funds/educapital) — Series A
- Corner Ventures (https://capitalatlas.ai/funds/corner-ventures) — Series A
- Good Friends — Series A