Brainly, Kraków-based peer-to-peer learning network, has raised $30 million in a new round, bringing its total funding to date up to $68.5 million. The round was led by Naspers, with participation from Runa Capital and Manta Ray, and the capital will be used to expand Brainly’s user experience in the US, a key market for the company.
Founded in 2009 to recreate local Polish student study groups in a global online community, Brainly has grown to 150 million monthly unique users across 35 countries. In addition to the growing market in the US, the startup’s largest communities are in Russia, Indonesia, India, Turkey, Brazil, and Poland.
Michał Borkowski, CEO and co-founder of Brainly believes that online communities can empower students from around the world with knowledge and information.
“Brainly exists to level the playing field for all students, no matter where they are, what language they speak, or the circumstances of their school districts,” he said.
Students use Brainly to strengthen their skills across core subjects such as math, history, science, and social studies. The platform allows them to connect with their peers, subject matter experts, and professional educators to discuss their subjects and seek answers to tricky questions.
"Every student struggles with schoolwork at some point. But never before has there been such widespread access and opportunity for students to learn from one another," said Borkowski. "Our goal is to extend that access to every one of the 76 million US students and beyond, giving them the resources and the tools to succeed and inspire collaborative learning. This funding allows us to do just that."
Using its “crowdlearning” model — a combination of online education, social media and machine learning, Brainly aims to take a piece of the $2.6 billion education market on a global level.