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Vivi nets $20M capital investment to bring education platform to U.S.

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December 23, 2021

Vivi, a visual learning, collaboration, and administration platform for education, has completed a capital raise of $20 million with New York-based education investor, Quad Partners, according to a company press release.

The investment will help the Australian company accelerate overseas expansion, particularly in the U.S. where it has expanded from two to 18. The funding will allow Vivi to launch a series of teacher efficiency features for school districts. Vivi, with its technology in over 40,000 classrooms around the world, plans to use the funding to expand into one million learning spaces within five years.

Vivi CEO Natalie Mactier said the investment will keep momentum going in the U.S. market into 2022.

"Because of the important position we hold in the classroom, the future has always looked bright at Vivi," Mactier said in the release. "But right now, we are moving quickly to take advantage of some significant tailwinds, particularly in the U.S. With a rapidly increasing focus on technology enablement at schools, the highest ratio of 1:1 student devices ever, and increasing awareness of the instructional and administrative benefits of screen mirroring, we are thrilled to be able to get Vivi into the hands of more students, educators, and administrators quickly."

Founder and Executive Chairman Dr. Lior Rauchberger said the Software as a Service program is used by over 250,000 teachers and students in 12 countries.

"Vivi has created demand overseas in a way that's pretty unique — and largely by word of mouth. The company has evolved from a point solution into a comprehensive student engagement platform that has proven to be incredibly sticky," Rauchberger said in the release. "Our next big goal is to be in a million classrooms as soon as possible and partnering with Quad will certainly speed that up."

Vivi plans on using the capital to bolster its customer support, sales and marketing, and development efforts.

"Vivi uniquely sits at the intersection of a number of accelerating tailwinds supporting technology usage in education," Connor O'Keefe, Quad Partners principal, said in the release. "Their tireless efforts around optimizing the user experience for students, teachers, and administrators in a more tech-enabled world has really set them apart from their peers. We're thrilled to be partnering with the Vivi team on their exciting journey ahead."

Quad Partners, formed in 2000, has invested in education and corporate training industries, investing in over 40 education companies, with more than 60 add-on acquisitions. Quad has managed over $1 billion and currently is investing out of its sixth fund, a $388 million vehicle, according to the release. Vivi, founded in 2015, is based in Australia.