London’s Medly raises €6.9 million to democratise access to personalised education through an AI tutor
Medly AI, a London-based AI-powered learning platform that claims to offer the world’s first AI tutor for exam prep, has raised a €6.89 million ($8 million) Seed round. The round was led by Felix Capital and backed by existing investors Eka Ventures and Ada Ventures. Several angel investors also participated in the round, including Andrey […] The post London’s Medly raises €6.9 million to…
London-based Medly AI, an AI-powered learning platform offering the world's first AI tutor for exam preparation, has secured a €6.89 million ($8 million) Seed round. Led by Felix Capital, the funding round also saw participation from Eka Ventures, Ada Ventures, and several angel investors such as Andrey Dobrynin, Al Giles, Jean Hammond, and Hector Mason.
Medly's co-founder and CEO, Dr. Paul Jung, emphasized the platform's mission to democratise education, stating that it provides on-demand academic support at a fraction of the cost of traditional private tutoring. The AI tutor, built on a proprietary combination of seven language models, offers instant feedback and tailored study plans for students preparing for GCSE, IGCSE, A-Level, and International Baccalaureate exams.
Early results show that 74% of students using Medly improved by at least one grade, with significant gains in subjects like Physics and English Literature. The company plans to expand its offerings to the US market, launching SATs and iterating towards APs and ACTs. Medly also aims to enhance its AI capabilities for specific UK/EEA educational functions and develop proprietary models for advanced knowledge preparation.
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