Guide Education, a UK based education-tech company founded by former Headteacher Leon Hady, has raised £6 million (US$8.25 million) to address the increasing shortages of qualified teachers. The round is led by the UK Government Future Fund and other private investors. Novistra capital acted as advisors.
Guide Education currently works with over 700 schools and claims to have helped train over 15,000 teachers.
David Hans-Barker, Guide Education’s Co-Founder believes the investment will allow them to further their mission in improving the quantity and quality of teachers and thus creating better outcomes for all learners.
He said, “Education levels the playing field and as long as we lack quality teachers, our educational system will always be unequal. That’s why we want to get this to everyone. It’s time for the monopoly to be over, your background should not determine the quality of teacher you can access. Teachers are the most powerful differentiator in a student’s educational outcomes and thus their life chances. We have the tools to make a difference and now we have the means too.”
Vipul Bhargava, Partner at Guide’s advisors Novistra Capital said, “2020 was the highest year on record for investments in the Edtech sector globally. 2021 has also started strongly, however, one of the biggest challenges in deploying Edtech has been teacher training. The pandemic has exasperated the many problems teachers face. This product solves the core problem by making it ever easier for schools, colleges and governments to effectively train their staff. The latest funding round is a testament to Guide Education as a company and their mission of solving the teacher shortage and training challenge we face today.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.