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Spanish scale-up ODILO raises $10m

ODILO, a Spanish scale-up with offices around the globe, is helping to bridge the gap in online learning by providing unlimited digital content and collaborative learning services for the personal and professional development of individuals.

ODILO’s solution allows schools, universities, governments and companies to create their own unlimited educational ecosystems.

To support its accelerated growth, ODILO has just closed a financing round of $10 million (£8 million) led by the Spanish-Israeli venture capital fund Swanlaab Venture Factory, alongside other new international investors, such as Endeavor Catalyst and CDTI alongside its current investors KIBO VC, JME VC, Active VP, who are once again supporting the company.

ODILO will invest the new funds to boost development of its intelligent learning experience technology, increase its content catalogue, which already includes 5,300 digital content providers in 43 languages, and advance global expansion by entering new markets, including the UK.

The ODILO platform offers intelligent access to the world’s best digital content providers in 43 languages, along with unlimited learning and collaborative learning experiences in an integrated way (independent, guided, collaborative, certified, in the classroom) that are tailored to the specific requirements of each organisation and preferences of each user.

The flexible learning solution offers a similar experience to the large music or TV platforms such as Spotify or Netflix, which allows them to offer their users the best digital multi-provider content.

Rodrigo Rodríguez, ODILO’s Founder and CEO, said: “We are very excited to build a new category in the education sector. Traditional providers offer plain, vanilla digital libraries or limited learning platforms, which are restricted to a few formats, and content providers operate on a one-size-fits-all approach that doesn’t take into account different learning preferences and methodologies.

“ODILO is the first platform that provides an unlimited, fully personalised and frictionless collaborative learning experience for all users and organisations.

“Our unlimited digital content platform can be customised for every organisation, and we provide an ecosystem that offers all necessary learning tools for any kind of learner.”

The Spanish company is accelerating its global growth, reaching nine ministries of education and thousands of libraries, business schools, universities, schools, and companies in more than 27 countries, all of which have been transformed by creating their own unlimited learning ecosystems.

The post Spanish scale-up ODILO raises $10m appeared first on UKTN (UK Tech News).

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