Schoolido gets on new funding from a corporate investor, IST
Scholido, a Stockholm, Sweden-based SAAS education company announced raising an undisclosed amount of money in investment from IST.
IST is an established software provider of administrative solutions for schools and municipalities within the entire region of Scandinavia, with an annual turnover of SEK 350 million ($39M).
Scholido was founded in 2011 by Oskar Schröder and Hanna Harge, and is led by the recently appointed CEO Jenny Ann Ax: son Johnson. The company has developed a complete cloud-based learning environment with extensive media content.
Scholido is owned by AcadeMedia, the largest education company from Sweden, and by Verdane Capital which were both part a SEK 8M ($940k) investment round the company had raised in the summer of 2016.