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Jan 5, 2017 · bdaily.co.uk
Show My Homework, the online digital homework platform, has raised £2.4m in a seed extension funding round led by LocalGlobe.
The raise has also coincided with the launch of the edtech firm’s Satchel ‘masterbrand’, which will act as the umbrella name for the company’s Show My Homework platform and stable of learning products.
The Stratford business has said the new funding will help to accelerate its product development efforts and fuel its expansion overseas, ahead of plans to launch a Dubai office early next year.
Founded by former assistant head teacher Naimish Gohil, Satchel’s platform allows teachers to set, grade and monitor homework, while allowing parents to keeps tabs on their child’s academic performance.
It is now targeting a presence in 50% of all UK secondary schools within the next 18 months, with founder Naimish claiming that the platform’s success lies in its ability to increase visibility and communication between parents, teachers and pupils.