London-based EdTech innovator BibliU secures £4.7M to deliver affordable higher education learning
2022-10-05 16:32:07

BibliU, the leading provider of digital learning platforms for higher education institutions, announced recently a new round of financing with £4.7M ($5.5M) from both current and new private investors including Sparkmind, Stonehage Fleming, Crowdcube Private Angels, Wealth Club, OIC, and Oxin.

The company has raised the second and third tranches of Series B funding, following an initial £12M ($15M) investment in June 2022. 

According to BibliU’s Co-Founder and CEO Dave Sherwood, the latest round will help facilitate the business’s continued growth by developing new technology and enable BibliU to expand its services across the US and UK markets, develop new products, secure additional publisher partnerships and invest further in sales and marketing, stimulating growth.

Founded in 2014, BibliU provides colleges and universities with digital content management, automation, and analytics platform. BibliU’s solution puts digital textbooks, courseware, and monographs at the fingertips of all students. Working with thousands of publishers and OER providers to deliver millions of digital resources, BibliU combines academic freedom with

innovative affordability and automation.

During its 2021 fiscal year, BibliU achieved 236 percent growth in recognized revenue. In the past year, the platform has fostered partnerships with 15 publishers - taking its total to 3,200 - and 114 universities.

The company has also been included in the Tracxn Emerging Startups of Higher Education Tech for the past two years and last year was named the winner of the Scale-Up category at the EdTech X All Stars Startup Awards.

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