Dealflow | March 22, 2018

Mexico’s Yogome raises $27 million for multilingual learning materials

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Yogome has a platform of 2,000 educational games, videos and books and says it reaches six million monthly users in 50 countries, mostly in the US, Mexico, Chile and the Philippines.

“The teacher will never disappear. But we can have tools that [help] the teacher make smarter decisions,” founder Manolo Diaz said (translated from Spanish).

Yogome wants to build artificial intelligence capabilities to analyze children’s facial expressions while they’re reading to determine whether they’re frustrated or excited.

Its $27 million Series B round was backed by Exceed Capital Partners, Seaya Ventures, Insight Venture Partners and Variv Capital. It previously raised $9.7 million between its seed and Series A rounds.