LiveKid, a Krakow, Poland-based platform for managing pre-schools and nurseries and parent-kindergarten communication, has raised a €3.14 million funding round from Inovo VC.
The funding will fuel LiveKid’s further expansion in LATAM, including opening an office in Mexico, as well as strengthening presence in Spain and Poland.
Founded in 2017 by Jakub Pawelski, LiveKid offers an all-in-one platform for pre-school and nursery management, including kindergarten operations and communication with parents. LiveKid says it has served more than 400,000 parents, whose children attend over 3,500 kindergarten and nurseries.
LiveKid claims it processes annually over €150 million in payments for tuition fees and other kindergarten services, and generates over €3 million in ARR. The company’s biggest markets are Poland, Spain, and Mexico.
The recent investment will help LiveKid continue its growth in Europe, and plans Latin American expansion, including opening an office in Mexico in 2024. The company also plans to introduce Portuguese language in the platform (following English, German, Polish, Spanish, and Ukrainian), and expand to Portugal and Brazil.