What is Perlego?
Perlego operates as a digital library, committed to making education accessible, diverse, and open to a multitude of perspectives. The platform provides extensive access to a wide array of books with educational value, encouraging readers to develop their own insights. The company's mission is to democratize knowledge by offering a broad selection of academic and informational texts, thereby supporting lifelong learning and intellectual exploration.
How much funding has Perlego raised?
Perlego has raised a total of $79.6M across 4 funding rounds:
Angel/Seed
$609K
Series A
$9M
Series B
$50M
Other Financing Round
$20M
Angel/Seed (2016): $609K, investors not publicly disclosed
Series A (2019): $9M led by Charlie Songhurst, Thomas Leysen, Simon Franks, Alex Chesterman, and ADV
Series B (2022): $50M supported by Mediahuis, Evli Growth Partners, and The Raine Group
Other Financing Round (2024): $20M featuring Raine, Mediahuis, Kpn Ventures, and Ithaka
Key Investors in Perlego
Raine
Raine Inc is a firm that offers products and services primarily focused on outdoor and tactical gear, targeting adventure enthusiasts and professionals.
Mediahuis
Mediahuis is Ireland's leading print and digital media publisher, reaching millions of consumers daily with well-read media brands and digital marketplaces.
Kpn Ventures
KPN Ventures is an investment partner focused on building value-creating partnerships with innovative technology companies, particularly in the telecommunications sector.
What's next for Perlego?
With the infusion of major enterprise-level capital, Perlego is poised for significant scaling and innovation. The recent strategic investment suggests a focus on expanding its content library, enhancing its technological infrastructure, and potentially broadening its market reach. This funding will likely enable Perlego to solidify its position as a key player in the online learning space, further its mission of accessible education, and explore new avenues for growth and user engagement.
See full Perlego company page
