15th January 2020. Bengaluru: Matrix Partners India announced today that it has invested in Toddle, a collaboration and productivity platform for teachers used by schools across the world. The round also saw participation from Better Capital as well as prominent angel investors such as Rahul Jaimini, the co-founder of Swiggy.
Toddle is founded by Deepanshu Arora and Parita Parekh, both of whom have rich experience in the education space. Prior to Toddle, they co-founded a very successful network of pre-schools with centres in Ahmedabad, Mumbai, and Hyderabad. As school leaders and educators, they developed a first-hand understanding of the challenges and inefficiencies of the fragmented and clunky technology solutions that exist which then led to the creation of Toddle.
Toddle helps teachers streamline curriculum planning, documentation, parent communication, and analytics – all from one flawless interface. The product, which has been built keeping teachers at the core, has seen viral adoption in the early days with 10,000+ teachers across the world using the platform on a daily basis. Toddle aims to be the largest collaboration and sharing network for educators globally.
Commenting on the fundraise, Deepanshu, Co-Founder, Toddle said “Today’s teachers are very tech-savvy and use technology for a variety of needs. The struggle is that they have to juggle between multiple tools to solve for these needs. With Toddle, our goal is to simplify the entire teaching and learning cycle with one seamless and intuitive solution. We are excited to partner with the team at Matrix, Vaibhav (Better Capital), and Rahul as we build tools that teachers love to use day after day!”
“Teachers, all over the world, are adopting technology in their classrooms very rapidly. Having been educators themselves, the Toddle team has built a world-class product that is revolutionizing the way teachers plan, interact and collaborate with other teachers, students and parents. We are privileged to partner with Deepanshu and Parita as they look to build the largest community of teachers globally.” said Rajat Agarwal, Director, Matrix India.
Toddle is a Teachers First ed-tech startup that creates collaboration and productivity tools for teachers across all stages of teaching and learning. Toddle's first product is a comprehensive solution for IB PYP that helps teachers streamline curriculum planning, portfolios, reports, and family communication - all from one beautiful interface. Launched just 8 months back, Toddle is well on its way to create a highly engaged, global network of educators and is already being used by 10,000+ educators across the world. Further information can be found at www.toddleapp.com
About Matrix Partners India:
Matrix Partners India is an investment firm with approximately $1 billion under management. Founded in 2006, the firm invests in companies targeting the Indian consumer and enterprise market at the seed, early and early growth stages. Matrix India has invested in several market leading companies such as Ola (local transportation), Quikr (online classifieds), Practo (digital health platform), Dailyhunt (mobile local language platform), Treebo (digital hotel chain), Limeroad (social e-commerce platform), Mswipe (mobile POS), Five Star Business Finance (SME lending), OfBusiness (credit led B2B marketplace), Ola Electric (multimodal electric vehicle platform), Razorpay (payments), Stanza Living (tech enabled student housing platform) Vogo (scooter sharing), Testbook (Govt. job exam prep.) and Cloudnine Hospitals (leading chain of maternity hospitals), among others. Matrix India has advisory offices in Bangalore, Delhi and Mumbai. Matrix Partners has a global network of funds investing in the US, China and India, with approximately $5 billion under management. Further information is available at www.matrixpartners.in