Edtech startup Lalilo raises $5.5m to help kids learn to read

Lalilo, the startup company making waves in the French Edtech market, is helping students learn to read and write at their own pace. Artificial intelligence and data reporting functionalities have been integrated into the platform to help keep track of students’ progress.

Lalilo has raised $5.5 million in its quest to expand internationally. The edtech company is helping kindergarten to second-grade students to read at their own pace. The startup was founded in 2016 by three engineers and has already established itself as a leading edtech platform in France.

The company is using advanced technology such as artificial intelligence to help these students learn. It is helping a growing number of struggling students to learn at their own pace.

Currently, it has over 5,000 teachers and serves over 90,000 students monthly. These students complete millions of exercises each month as part of their learning practice.

The growth of the Edtech startup

Lalilo guides students on targeted foundational reading skills and teachers receive data on their students’ performance. The platform can be used in classes or can at home through guidance from parents. It is an easy to use platform that has sequential reading lessons to these students.

The platform has two parts which include the interactive and playful world and the data reporting part. The playful and interactive part of the program allows students to interact with more than 3,000 adaptive exercises that help students to learn phonics, word recognition, and comprehension.

Data reporting functionality keeps track of students’ performance and notifies the teachers on the progress being made. This ensures that teachers can evaluate the effectiveness of the platform on a student’s reading ability.

US Edtech market expansion

The Edtech company raised $5.4 million from Partech, EduCapital, and Citizen Capital. The money will be used for expansion in the international market. The company indicated that they would be looking to expand in the US Edtech market and this fund will go a long way in helping them achieve this goal.

The startup has also been getting endorsements from local organizations and departments such as the French Ministry of education. They were offered an innovation partnership by the ministry entitled “development of a teaching assistant based on artificial intelligence technologies for the learning of literacy and STEM.” it will be a 12 months program that is aimed at creating solutions to be used in French classrooms.

Amine Mezzour – Co-founder of Lalilo, after raising funds said,

We are proud to have raised with three funds which reflect Lalilo’s dynamics: international ambition with Partech, education with EduCapital, and social impact with Citizen Capital.

The Edtech startup is projected to continue its growth and expansion. The funds raised will go a long way in helping them do that. There is optimism in the company about what the future holds.

 

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