Source: Entrackr
Bengaluru, Early childhood education startup illumine has raised $2.5 million in seed funding, with Prime Venture Partners taking the lead. This amount includes an earlier raise of $779,000 which was part of the same funding round.
This new capital will be used to develop its AI-based product and expand into international markets, illumine said in the press release. Supporting the Digital Transformation of Childcare Centres
About Illumine
Established in 2018 by Navneet Rastogi, Purva Goyal, and Sourabh Agarwal illumine is developing a comprehensive software platform for childcare centres to support operators in solving their biggest challenges – juggling multiple platforms, manual staffing windows, billings, classes, parent communication and the like.
With illumine’s platform Childcare centres can manage the entire process from billing, admissions, lesson planning, scheduling and parent communications, all through one portal. The portal removes barriers through the deployment of artificial intelligence (AI) and simple processes for teachers and administration alike.
Worldwide Reach and Rapid Expansion
The startup has experienced rapid expansion according to illumine claims. There are currently over 3,000 childcare centres using illumine across 56 countries around the world including the United States, UAE, Southeast Asia, Europe, and India. illumine is building a reputation as a valued service in childcare and early learning across the world.
Plans For The Future
With the new investment, illumine intends to:
- Add new features to their product
- Provide multilingual support for international users
- Enhance compliance and reporting tools for various regions
- Put more focus on expanding in the U.S. market
The company aims to help more childcare centers run smoothly and spend less time on paperwork and more on teaching and care.
The Bigger Picture
While families are needing more high-quality childcare services, the pressure for improvements in the tools for managing these services is mounting, and illumine’s opportunity in the market couldn’t be better given the industry is inefficiently run and out of date.
With solid investor backing and global recognition, the company is now at a point where it can begin to expand and assist in improving childcare management services around the world.
Backed by substantial investment and an expanding international footprint, Illumine is poised to transform childcare with a digital solution that allows centers worldwide to operate more efficiently – leaving more time to focus on quality early education, care and learning.
