Camp K12 raises $12M in Series A funding led by Matrix Partners India, Elevation Capital

Camp K12 founder
Camp K12 founder

Matrix Partners India and Elevation Capital led a $12 million Series A investment for Camp K12, an ed-tech business focusing on creating a worldwide online school for 21-century skills. Over the last six months, the firm has expanded into two new locations, one new topic category, and a new group-class structure.

The funds will be utilized to employ leaders from various areas, as well as to develop a world-class technical and product team.

Over the last three months, Camp K12’s US company has increased 2x month over month, with 75 percent of enrolments coming through organic activities at 0 CAC. Simultaneously, Camp K12’s Middle East industry has risen threefold month over month. Camp K12 creates joy among a customer group that has previously been exposed to coding principles in schools and desires a new degree of cutting-edge tech exposure in both regions by offering its in-house 3D coding platform “HatchXR” and a separate coding curriculum from its India company.

“We have created the groundwork for a worldwide online school, and we’re ready to expand,” said Anshul Bhagi, co-founder of Camp K12. In a competitive market of online institutions, I believe that an enduring organization will be established not via sales and marketing prowess alone, but through distinctive client acquisition, interaction, and preservation.

 

“I believe in the strength of community and the importance of network effects. We have an ambitious vision for social multiplayer engagements for our students, both in and out of the classroom, and we’re excited for our customers to begin to experience this product as soon as next month,” he says.

Camp K12 funding

The company pairs students aged five to eighteen from all around the world with engaging professors for live, interactive online classes in vital 21st-century skills like coding and English.

Beyond coding, Camp K12 introduced English as its first category, offering a two-year learning path for students of all ages that includes basic components like vocabulary and grammar as well as aspirational objectives like Creative Writing and Public Speaking. Every kid in the programme writes and releases a novel on Amazon and Kindle, takes part in international discussions on current affairs, gives TED-style presentations in front of live audiences, competes in Spelling Bees, and much more. For the previous three months, the English business has increased by 2x month over month.

Beyond coding, Camp K12 introduced English as its first category, offering a two-year learning path for students of all ages that includes basic components like vocabulary and grammar as well as aspirational objectives like Creative Writing and Public Speaking. Every kid in the programme writes and releases a novel on Amazon and Kindle, takes part in international discussions on current affairs, gives TED-style presentations in front of live audiences, competes in Spelling Bees, and much more. For the previous three months, the English business has increased by 2x month over month.

“We are successful in establishing our product leadership in every sector and location we have forayed into, be it India, the Middle East, or the United States,” Sandeep Bhagi, co-founder of Camp K12, said. Hundreds of thousands of parents and students who are seeking for quality online education at a reasonable price are among our most loyal, joyful, and pleased users. We are bolstering our team with experienced Do-ers from Business, Sales, Marketing, Product, Operations, and Engineering as a result of this Series A Funding.”

 

In the next six months, the firm will expand its reach in each existing area by adding two new countries and one new content category, as well as a group class format that now accounts for over 25% of sales in India.

“We believe there is a huge worldwide market for 21st-century skills for children. We think that achievement in this global industry will necessitate a different go-to-market strategy and product than has ever been seen. Camp K12, with its social, multiplayer online learning environment, has been a leader in this field since the beginning. Camp K12 has demonstrated how to successfully use technology to control quality and the end-to-end experience, as well as to develop a new methodology for online learning. Their funding in product R&D has also helped them to quickly grow small group classes as a format and expand into new categories and locations.