The Munich-based education startup Ubimaster has raised seven million euros in a Series A financing round. Both national and international investors are participating in the round, including the US venture capital firm Owl Ventures, Bayern Kapital, Amberra, Auxxo, and the European edtech investors Zanichelli Ventures and MPA Capital.
The Munich-based startup plans to use the fresh capital to further drive its expansion. The focus is on internationalization and the scaling of additional digital education products.
Flexible online learning support for more equal opportunities
Ubimaster's tutoring platform serves the needs of students and trainees in a tailored and fixed-price manner. This means that users can directly connected with a qualified tutor instead of just accessing learning plans and explanatory videos. According to the startup, it takes a maximum of two minutes for the right contact person to respond – seven days a week.
Ubimaster offers its products to both parents and companies. Companies can integrate the service into their employee benefit programs, thus supporting all children in their workforce, regardless of their parents' income. Jana Krotsch, CEO and founder of Ubimaster, emphasizes:
"For us, Ubimaster is much more than online learning support. It's a vision for the future of education. Our learning and tutoring services are flexible, personalized, unlimited, and tailored to the needs of each child. And best of all, it's free for everyone who receives Ubimaster through their company as an employee or product benefit. With this new round of financing, we can now invest more heavily in the further development of Ubimaster."
Investors share educational vision
The investors involved see Ubimaster as a company with great social and economic potential. They particularly emphasize the startup's role in promoting equal opportunities in education. Jenny Wang, Partner at Owl Ventures, says:
"We have been supporting Ubimaster since 2022 and are proud of the incredible value the startup brings to families in the DACH region. We look forward to supporting Jana, Steffen, and the entire Ubimaster team in this next exciting chapter."
And Matthias Buchinger, Investment Manager at Bavaria Capital, is convinced:
"With Ubimaster, we are investing in a company that addresses two of the most important topics of the future: education and social participation. Furthermore, the Ubimaster team has already demonstrated, through impressive growth in recent years, that its approach also offers potential for international success. Accordingly, we are pleased to support the company on its continued growth path."
