ImpactAlpha, May 11 — Austin-based edtech venture BeeReaders provides customized and culturally-relevant Spanish reading and writing content to 500 schools and 250,000 K-12 students in Latin America and the US. Its software and app enable teachers and parents to track students’ progress over time. BeeReaders also offers a library of professional development materials for teachers.
“We believe that every learner, regardless of their background or circumstances, should have equal opportunities to develop their literacy skills and reach their full potential,” BeeReaders’ Ruben Arias told ImpactAlpha.
BeeReaders is addressing “rapidly growing socio-economic disparities in literacy skills experienced by far too many Spanish-speaking students,” said Shijiro Ochirbat of Reinventure Capital, which led the round alongside Acumen Latam Impact Ventures. The startup aims to reach 500,000 students in existing and new markets, including Colombia and Ecuador, in the next two years.