Sololearn, an Armenia-based coding education and community platform, announced a $24 million Series B funding round led by Drive Capital, with participation from previous investors including Learn Capital and Prosus Ventures, bringing its total capital in funding to $30.8 million, according to its press release.
Founded by CEO Yeva Hyusyan in 2014, Sololearn is a mobile-first coding instruction and community app which offers fun and bite-sized lessons. The most popular languages in Sololearn’s growing library of 25 curriculum categories are Python, JavaScript, Java, C++, HTML, and SQL. It is also seeing rapid growth in languages related to Apple and Google’s dominance, including C# and Swift for Apple iOS, Kotlin for Android, and Go for Google cloud computing.
The company said it now has 21 million users, with active users up 300% over the prior year, and it has doubled revenue over each of the last three quarters.
Sololearn will use the new funding to build out its content to new languages and technical skills, launch an enterprise learning management system to help companies train employees on specific development environments, and expand secondary and post-secondary education partnerships in which Sololearn complements classroom instruction.
Sololearn has expanded globally with offices across the United States and Europe. Sololearn had 100 employees as of July 2021 and expects to double headcount in the next 12 months.
JMDedu is a leading B2B EdTech Media in China that informs and connects business professionals through our reports, events, and information services. Our mission is to drive the advancement of education. Our network spans the education industry in China as well as globally, including entrepreneurs, investors, startups, educators, business decision-makers, and policy decision-makers.
