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Micole — Other

Announced 2024-06-25 · Madrid · Edtech

Malaga-based edtech Smartick took a minority stake in Micole (Educadvisor S.L.) in a deal that valued the school search engine at €8M; the amount Smartick actually invested was not disclosed, and the €8M figure quoted in some databases (e.g. Dealroom's feed headline 'Smartick invests €8M in Micole') is the post-money valuation, not the size of the deal. It was announced as a strategic shareholding/corporate minority investment rather than a staged venture round, hence 'Other'; it came bundled with a commercial alliance putting Smartick's Monk maths and literacy assessment tool in front of the ~3,000 schools subscribed to Micole in Spain, Mexico, Colombia and Argentina.

RoundOther LeadNot disclosed Date2024-06-25 CityMadrid SectorEdtech

Source article ↗ · micole.net ↗

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