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Reading: Kami Receives Significant Strategic Investment for Global Expansion
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Home > News > Kami Receives Significant Strategic Investment for Global Expansion
News

Kami Receives Significant Strategic Investment for Global Expansion

Shalini Pathak Published Aug 22, 2024
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Kami Receives Significant Strategic Investment for Global Expansion
Kami Receives Significant Strategic Investment for Global Expansion
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Kami, a leading classroom engagement and teacher productivity content provider to the US and global K12 market, has over 40 million teachers and students on the platform across over 2,000 US districts and 180 countries around the world, has recently announced a significant strategic investment from BV Investment Partners (“BV”).

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Kami was developed in Aotearoa, New Zealand, by four university friends who wanted to make a difference. Eleven years later, the platform has grown into a team of over 100 Kamileons with a shared goal of fostering a positive learning journey for everyone. It is popular among its users because it streamlines workflows, boosts student engagement, lowers printing expenses, and saves trees.

Speaking about the company, Hengjie Wang, Co-founder & CEO of Kami, said:

We’ve always been ambitious at Kami, which is why we have over 40 million teachers and students signed up, and now is the time to own the global edtech space, deepening and expanding our presence from our US focus today. BV is the right strategic partner to achieve our goals and continue our mission to scale to the next level.

Wang further stated:

At its core, Kami is a founder-led business that has yielded growth by solving real problems faced by teachers and their students. While accelerating our growth with the support of BV, we remain committed to our core mission and values. Our global team will remain unchanged, including the founders, operations, and day-to-day business functions.

The strategic growth investment from BV will accelerate Kami’s existing ambitions and help the platform reach every classroom in the world. It will deepen the company’s US-centric focus and expand globally, signalling a new chapter and phase.

Kami will continue to operate from Auckland, New Zealand and open a Boston office, with all four founders remaining in the business.

Jason Kustka, Managing Director of BV, commented:

We have invested in and helped to scale several exciting education-focused businesses that deliver affordable and effective solutions that accelerate learning. Kami gives students and teachers the tools to enhance modern learning and create more equitable education. Kami’s mission, rooted in transforming the learning environment in the tech-enabled K12 classroom creates a unique position to strengthen its already dominant position as a leading classroom engagement solution of choice. We look forward to partnering with the talented Kami team to advance their mission.

BV’s investment also provides Kami with a US-based global growth partner. Its unique skills will help the company accelerate its success in the United States and reproduce it worldwide.

TAGGED: EdTech Funding, EdTech Investors, EdTech Startups/Companies, K12, Online Courses, Online Education, Student Engagement
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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