RIO DE JANEIRO--(BUSINESS WIRE)--Teachy announced today that it has raised US$7 million in a Series A funding round, one of the first AI-focused investments in the “Global South” - LATAM, Asia, Africa. The round was led by Goodwater Capital, the world’s largest consumer tech-focused VC firm whose partners are known for investments in Monzo, Zepto, Weee!, Facebook, Spotify, and Twitter. Reach Capital, the leading early-stage investor in learning, health and work, also participated in the round, along with existing investors Endeavor, NXTP, and Roble Ventures. This marks Goodwater and Reach Capital's biggest investment in the Brazilian education sector.
Teachy is an AI-powered workspace transforming how teachers find and create content, helping them save up to 80% of time on tasks like lesson planning and grading with curriculum-aligned, AI-customizable materials. Designed for schools in Latin America and Asia, Teachy addresses challenges like local curriculum alignment and digital connectivity, enabling schools to digitalize and thrive in the age of AI.
Teachy was founded in 2022 by Pedro Siciliano, a former teacher and engineer with an MBA from Stanford University; and Fábio Baldissera, an engineer and serial entrepreneur. Since then, Teachy has grown rapidly to support 1 million teachers primarily in Latin America and Asia, and globally impacting over 10 million students in more than 170 countries.
"Teachy is a revolutionary platform for teachers and students in personalized learning,” said Coddy Johnson, Partner at Goodwater Capital. "And we believe Teachy could be transformational for educational outcomes around the world.”
"We see a unique opportunity in Teachy to change the lives of teachers across Latin America and beyond," said Esteban Sosnik, Partner at Reach Capital. "We're excited that Teachy builds specifically for the developing world, with features like paper grading and college entrance exam prep at its core."
The funding will enhance the product, drive growth, and support regional expansion by hiring engineers and designers to scale Teachy's world-class platform.
“Our dream is to enable any teacher in any developing country to deliver the same high-quality education as the best schools in wealthy parts of the world through technology. Teachers change the world—we are here to help them in their mission,” added Teachy CEO Pedro Siciliano.
