What is Lido?
Lido Learning operates as an EDtech platform, providing live online classes designed to enhance student learning experiences. The company's focus on interactive and engaging educational content aims to address the evolving needs of students in the digital age. This strategic capital infusion is expected to bolster Lido's market position and expand its reach within the educational technology landscape.
How much funding has Lido raised?
Lido has raised a total of $24.6M across 4 funding rounds:
Series A
$3M
Series B
$7.5M
Angel/Seed
$4.1M
Unspecified
$10M
Series A (2019): $3M with participation from Ronnie Screwvala
Series B (2020): $7.5M led by Picus Capital and BAce Capital
Angel/Seed (2020): $4.1M supported by Sanjay Kapoor, Nidhi Arora, VSS Investco, S.Chand & Co, and Felix Ohswald
Unspecified (2021): $10M featuring Unilazer Ventures
Key Investors in Lido
Picus Capital
Picus Capital is an investment firm that typically backs early-stage technology companies, suggesting a strategic interest in Lido's growth potential.
BAce Capital
BAce Capital is known for its investments in technology and consumer sectors, indicating a belief in Lido's market penetration strategy.
Unilazer Ventures
Unilazer Ventures focuses on providing capital for growth-stage companies, aligning with Lido's current funding stage and expansion plans.
What's next for Lido?
The substantial enterprise-level backing Lido has received signals a strong confidence from investors in its business model and future potential. This financing is anticipated to fuel further product development, enhance its technological infrastructure, and potentially drive market expansion initiatives. Lido is poised to leverage this investment to solidify its standing as a key player in the EDtech industry, focusing on scalable growth and innovative educational solutions.
See full Lido company page
