Berlin-based learning platform Knowunity has raised €27M in Series B funding led by XAnge to expand its AI-powered study companion globally.
The funding will be used for developing the AI learning companion with hyper-personalisation, talent acquisition, and expansion into new markets aiming to reach 1 billion students.
Partnerships with Vodafone, Gothaer, and Porsche have been secured, and the company has achieved 20M+ users in 15 countries.
In Germany, one in three students uses the app and in Latin America, it reached one in ten students within a few months.
Knowunity combines student-generated content with personalised AI technology, engaging over 380,000 student creators.
The company operates on a freemium model and is generating revenue mainly from its B2C subscription business rolled out country by country.
Knowunity aims to deliver personalised education through its AI learning companion and has the vision to provide it to a billion students globally.
Founded by young entrepreneurs, the platform initially started as a TikTok-style notes app and now offers comprehensive AI-powered study services.
The company's goal is to replace outdated offline tutoring with intelligent support accessible 24/7 at a fraction of traditional costs.