This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • More
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Explore
Search
Contribute
  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews
ETR Resources
  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Orlando-Based AI EdTech Startup PETE Raises $2M in Seed Funding
Aa
EdTechReviewEdTechReview
Aa
Search
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • EdTech Voices
  • Tags
  • About
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Orlando-Based AI EdTech Startup PETE Raises $2M in Seed Funding
News

Orlando-Based AI EdTech Startup PETE Raises $2M in Seed Funding

Shalini Pathak Published Apr 10, 2024
Share
3 Min Read
Orlando-Based AI EdTech Startup PETE Raises $2M in Seed Funding
Orlando-Based AI EdTech Startup PETE Raises $2M in Seed Funding
SHARE

PETE, a pioneering leader in AI-driven learning platforms, has successfully secured its seed funding of $2 million led by Cofounders Capital, a prominent early-stage seed fund focused on B2B software ventures in the Southeast United States. This significant financial boost, which also included capital from angel investors in the Orlando area, marks a new chapter in PETE’s journey, propelling the company into a promising new expansion stage.

AdvertisementWhy this Ad?

Founded in the heart of Orlando by Jacques Fu, PETE offers a suite of highly valuable and customizable solutions that empower organizations to deliver personalized workforce learning at scale. The platform’s unique strength lies in its ability to develop AI-powered courses tailored for diverse training needs, spanning from onboarding to regulatory compliance, product knowledge, technical skills, and more. It also provides seamless hosting and distribution of content through PETE’s Learning Management System (LMS) and access to a suite of management tools to track learners’ progress. The company’s vision is to become an indispensable part of education and training through pioneering technology that enables adaptive, engaging, and effective learning.

Speaking on the fundraising, President of PETE, Luis Garcia, said:

We are thrilled to embark on this transformative partnership with Cofounders Capital, which brings us far more than just financial advantage. The intellectual assets and collaborative opportunities with their seasoned team are invaluable resources to us. Their extensive knowledge and experience in the B2B SaaS sector will propel us forward, refining our strategies and accelerating our growth trajectory. This partnership represents a pivotal step in our journey. We are eager to leverage this collaboration to its fullest potential and benefit from the wisdom and insights of having such a seasoned investor.

Since its inception in June 2023, PETE has rapidly garnered industry attention and onboarded several partner clients to leverage its cost-effective AI-powered learning solutions for personalized and adaptive training experiences. The PETE team is dedicated to helping organizations of all sizes optimize their training initiatives and maximize their impact without having to hire additional training resources.

David Gardner, Founding Partner of Cofounders Capital, added:

From the outset, we’ve been thoroughly impressed with the sophistication of the PETE technical solution and the track record of this management team. The potential for AI to dramatically disrupt the corporate education space is something we have been following closely, and we have found the right tech and team to back in this space.

PETE will use the capital infusion to amplify the company’s sales efforts and strategic marketing initiatives and continue developing its patent-pending proprietary AI technology.

TAGGED: Artificial Intelligence, B2B, EdTech Funding, EdTech Investors, EdTech Startups/Companies, Funding, Learning Management System, Online Courses, Online Education
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
By Shalini Pathak
Follow:
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.
Previous Article LSUA Career Center Teams Up With Interstride to Help International Students Find Jobs LSUA Career Center Teams Up With Interstride to Help International Students Find Jobs
Next Article MPOWER Financing and F1 Hire Partner to Support International Students Boost Their Career MPOWER Financing and F1 Hire Partner to Support International Students Boost Their Career
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

AdvertisementWhy this Ad?

You Might Also Like

Programming for GenAI Role of Tech Education in Supplementing Indias Booming IT Industry
Insight

Programming for GenAI: Role of Tech Education in Supplementing India’s Booming IT Industry

Apr 1, 2025
How Do Online Courses Enhance Flexibility and Accessibility for Learners
Insight

How Do Online Courses Enhance Flexibility and Accessibility for Learners?

Mar 26, 2025
SmartSuite Raises $38M to Revolutionize Work Management Platform
News

SmartSuite Raises $38M to Revolutionize Work Management Platform

Feb 28, 2025
Jobizo Raises $14M Pre-Series Funding Eyes Global Expansion
News

Jobizo Raises $1.4M Pre-Series Funding, Eyes Global Expansion

Feb 28, 2025
AI Mental Health Startup Sonar Secures Pre-Seed Funding
News

AI Mental Health Startup Sonar Secures Pre-Seed Funding

Feb 27, 2025
Moodle Joins Forces With EdLatam to Boost Latin American Education
News

Moodle Joins Forces With EdLatam to Boost Latin American Education

Feb 27, 2025
Vedam School of Technology Aims to Transform Computer Science Education in India
News

Vedam School of Technology Aims to Transform Computer Science Education in India

Feb 27, 2025
AI-Driven Tutoring Startup Medly AI Raises Seed Funding to Expand Its Reach
News

AI-Driven Tutoring Startup Medly AI Raises Seed Funding to Expand Its Reach

Feb 26, 2025
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • EdTech Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product for Review
  • Sponsored/Paid Post Service
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
newsletter
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

loader
Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?