Education
Novistra Capital advises “Netflix for teaching”, Guide Education, for securing capital from multiple investors
Novistra Capital, a New York-based boutique M&A advisory, is pleased to announce that Guide Education has secured over US$8 million in funding from multiple investors.
Guide Education is a UK based education technology company which addresses the increasing shortage of qualified teachers – through leveraging the potential of online learning, and in particular widening access to educational material for disadvantaged students. Founded in 2016, Guide Education currently works with over 700 schools, has helped train over 15,000 teachers, and their content has garnered millions of views across thousands of videos organized into dozens of courses.
Leon Hady, CEO of Guide Education, commented: “Really appreciate the wise counsel from Vipul and team at Novistra. As any founder will tell you ‘you don’t know what you don’t know’ and Vipul and the team really stepped in to plug that gap. We had been offered opportunities to raise previously but none were quite the right fit, where we got to this in this instance suited our vision and growth goals perfectly and we are very grateful to have a guiding hand steer us through a complicated process.” The company will utilize the raised capital to further improve their quantity as well as the quality of teachers to create better outcomes for all learners.
Vipul Bhargava, Partner at Novistra Capital, stated: “The pandemic has exasperated the many problems teachers face. This product solves the core problem by making it even easier for schools, colleges, and governments to effectively train their staff. The latest funding round is a testament to Guide Education as a company and their mission of solving the teacher shortage and training challenges we face today.”
Deal Team
Vipul Bhargava
Managing Director
