Drive Capital led the round, with participation from previous backers from Sololearn’s previous $1.2 million Series A round in 2016 (Learn Capital and Prosus Ventures).
Of note, Drive Capital was co-founded by two alums from Sequoia out of Columbus, Ohio, with a mission to focus on creators outside of the “usual” hubs. That’s exactly what they have done here: Sololearn comes from Yerevan, Armenia, which has actually produced a great deal of engineering skill, but remarkably not as many start-ups. (PicsArt, which is also HQ ‘d in San Francisco, might the greatest name to come out of there.)
Sololearn was founded and is currently presently by Yeva Hyusyan, who tells me that the impetus for the company business out of a previous projectJoba startup accelerator)she worked on while working for Microsoft in the countryNation Now I understand what you must be believing at this point: Aren’t there currently lots, maybe hundreds, of decent online coding courses and tools out in the market currently? Key to what Sololearn is doing is that it has actually taken a practical method: On mobile, people desire short bursts of content, so coding education on that platform should follow from that. Sololearn is including in between 200,000 and 300,000 new users every month, she stated, with active users up 300% over last year. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.