Consumer/News/ Brainly raises $80m Series D round as user numbers hit 350m The Polish online homework help platform saw use numbers grow 75% since April as students switched to online learning during the pandemic By Maija Palmer 17 December 2020 \Consumer Autonomous stores, AR and virtual assistants: Startups building the convenience store ecosystem of the future By Aruni Sunil 13 February 2023 Consumer/News/ Brainly raises $80m Series D round as user numbers hit 350m The Polish online homework help platform saw use numbers grow 75% since April as students switched to online learning during the pandemic By Maija Palmer 17 December 2020 Brainly, the Polish homework help platform, has raised an $80m Series D funding round to capitalise on the home-learning trend that has already seen its user number increase by 75% since April. “Over the past six months, we have achieved growth milestones that we had projected to hit over the next few years,” said Michał Borkowski, the company’s CEO and cofounder. “The growth of this model has accelerated as a result of the global pandemic, forever changing the way students learn.” Brainly users in 2019: 150m Brainly users 2020: 350m Brainly’s platform allows students to ask their peers for help with answering tricky homework questions — and parents, struggling to help their children with lessons, particularly as many have shifted to homeschooling, are also increasingly using the platform. Brainly is planning to add new services such as tutoring to the platform. Brainly last raised money ($30m) in 2019, when it was planning a big push into the US. Back then it had some 150m users — now that figure has grown to 350m, some 30m of which are in the US. The company has seen a 161% growth in US user numbers this year. Vinit Sukhija, partner at Learn Capital, one of the investment funds backing the Series D raise said Brainly was “en route to becoming a household name, both in the United States and around the world.” Additional funding would help accelerate that ambition. Some 58% of US students are still studying virtually in the US, with reduced access to one-to-one instruction, according to a recent poll released by the National Parents Union in the US. Brainly also wants to accelerate its growth in markets such as Indonesia and Brazil, where the platform has become popular. The VC’s participating in the round include Learn Capital, Prosus Ventures, Runa Capital, MantaRay, and General Catalyst Partners. Brainly has raised some $150m in total so far, and is one of the best-funded Polish startups, pushing ahead of Docplanner. Related Articles Brainly raises $30m for US push By Maija Palmer Click here to read more Polish edtech company Brainly has 150m users – but can it make money? By Maija Palmer Click here to read more Krakow’s Dragon Valley is gearing up to grow a unicorn By Maija Palmer Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?