Kortext Raises $20.8m to Expand Higher Education Platform

Kortext, the UK’s market leading, university focussed, digital teaching and learning platform, announces that it has finalised additional investment funding from dmg ventures and Paul Zwillenberg, CEO of DMGT will join the Kortext Board. 

Kortext has raised £15m from dmg ventures and will use this investment to accelerate delivery of its product roadmap, in partnership with its university customers. The move to blended learning and more remote-first, distance learning, because of the pandemic, has fast tracked the demand for the Kortext platform to deliver digital textbooks and other course materials to students in a seamless manner that tightly integrates into the university teaching and learning environment. The platform hosts millions of eTextbooks from over 4,000 publishers and provides every student with their own personal study space, connecting them to their course, their peers, and their academics. 

Transaction Information
  • funding

  • undisclosed

  • complete

  • 20,800,000 usd

  • 0 usd