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Saturday, July 2, 2022

Estonian Digital Teacher's Book Tebo Raises Seed Round

Online teachers book tebo.me closed this month its seed investment round and started accelerator programme at Startup Chile, looking increasingly to Spanish-speaking world for expansion.

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Tebo, which aims to put everything teachers need to run increasingly digital lessons, into one place – closed seed round of around 90,000 euros earlier this month, raising investments from three Estonian business angels and Startup Chile in whose programme the team started mid-February.

When I talk to serial entrepreneur Tõnis Kusmin he is already in Chile, sitting on a balcony in sun, while back home in Estonia its dark and slushy. Kusmin and his team are in no hurry back.

“We will test the product and business model in Chile and then we are looking to expand to Argentina and Spain, the big Spanish-speaking countries. There is much less competition here than in English-speaking world and the appetite for services like ours is high,” Kusmin said.

Tebo differs from many single cause education apps through its full package offering to teachers. Since its launch in Estonia (under opiveeb brand), around 20% of the country’s teachers have signed up and have so far uploaded around 4,000 items to share.

While many edtech startups approach the market through students, Tebo focused on teachers, hoping that would enable faster growth of usage.

Tebo’s platform focuses on content sharing between teachers and for teachers – exercises, learning videos, games. It promises teachers can create learning games in 15 minutes. Students can open them in class with any Internet-connected device and teacher’s get full analytics on students progress.

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Tarmo Virki
Tarmo Virki
Hi its Tarmo here!

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