Sdui, a Koblenz, Germany-based startup focused on communication and organisation at schools and daycare centres, raised an additional funding extending its Series A round to €25M.
The round was led by HV Capital and Haniel, with participation from High-Tech Gründerfonds (HTGF) and Brighteye Ventures, as well as Dr. Michael Hinderer, who invested as a business angel with his family office JSM Hinderer. Kreos Capital is providing further growth capital for the continuation of our inorganic expansion strategy as part of the Series A extension.
The company intends to use the funds to scale the business, focusing on internationalization and the extension of its product.
Led by Daniel Zacharias, founder and CEO, Sdui simplifies communication and organisation at schools and daycare centres, connecting teachers, educators, parents and children with each other through smart functions. The company offers GDPR-compliant solutions, with functions such as chat, video calls, cloud, timetable or translations, that are specifically tailored to the needs of schools and daycare centres, which reduce the administrative workload and frees up time for the essential mission of the institutions, which is providing the best possible education.
Founded in 2018, the startup comprises companies in Germany, Switzerland and Belgium with a total of around 170 employees. In addition to this, the Sdui Group is active in another 4 countries, including Italy and Spain. Currently, more than 10,000 educational institutions all over Europe are using the solution.
FinSMEs
02/02/2023