Kortext in a £9 million Series A funding round led by dmg Ventures.

United Kingdom 23 March 2021

Kortext, a London, UK-based operator of a B2B2C digital learning platform, announced the completion of a £9 million ($12.5M) Series A funding round.

The money was raised from investors led by dmg Ventures, joined by QVentures and other private investors including a Family Office whose name was not disclosed.

Kortext, founded in 2012 by Andy Alferovs and CEO James Gray, developed an educational platform that allows discovery and access to over two million key digital textbooks from over 4,000 publishers in one easy to use content and learning platform.

Kortext's eTextbook platform is in used by 100 UK HE institutions including Said Business School Oxford and the Universities of Manchester, Exeter, Edinburgh, Birmingham, Aston and Middlesex, as well as by origanisations from outside of the UK, in establishments such as Arab Academy for Science, Technology & Maritime Transport, Egypt and British University Vietnam.

Total investments received (USD): 12.45M