Komodo Learning: against COVID-19 Company

Entity: Komodo Learning

Category: EdTech

Description: Komodo Learning is an online mathematics home learning app for children. It focuses on publishing effective mathematics apps that works in the home environment. It' is effective, adaptive, and fun to use, but importantly it doesn't hook kids to the screen. The idea is that kids use it for a short time then go out and play. This is important considering new generations of kids with health and weight problems. Komodo Learning also focus on giving parents control over rewarding kids. Parents are the chief motivators without whom learning wouldn't be effective. So there are cool roles and systems for keeping parents at the heart of the learning.

Project: Personalised remote learning

Summary: Belfast-based Komodo Learning are providing effective, personalised mathematics learning support for kids aged 5-11 during COVID-19 crisis. The coronavirus pandemic and lockdown has had a significant and potentially lasting effect on education, with EdTech seeing accelerated adoption on a mass scale. On a global level, EdTech companies saw VC investment grow by 22% in Q1 2020. The UK is a leader in the field, with its startups attracting 41% of all European investment last year according to data from our Data Commons. EdTech investment climbed 91% from 2018 to 2019. In contrast, investment in the US actually fell by 12% and European investment only grew by 8%. EdTech companies in the UK are numerous but tend to be at an earlier stage in development than those in markets like the US. Companies have raised smaller sums of money than those in sectors such as AI, FinTech and HealthTech and are less well equipped to cope with the sudden demand from parents or schools. EdTech has huge potential around the world to democratise access to education, and UK companies are well-placed to provide services into the international market.
Technology: EdTech
Headquarters: United Kingdom
Founded Date: N/A
Employees Number: N/A
Funding Status: N/A

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