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Cleverbean Raises $200,000 in Seed Funding Round Led by Skalata Ventures.

Cleverbean Raises $200,000 in Seed Funding Round Led by Skalata Ventures.

May 30, 2023

Bondi Beach, New South Wales, Australia - Cleverbean, an innovative e-learning provider focused on helping teachers enhance children's reading skills, is thrilled to announce the successful completion of its seed funding round, raising $200,000. The investment was led by Skalata Ventures, a renowned venture capital firm that shares Cleverbean's passion for improving educational outcomes.

Cleverbean is determined to make a significant difference in the lives of millions of children worldwide who lack access to quality reading education. The company's flagship product aims to revolutionize the way children learn to read, replacing outdated and cumbersome paper-based models with a personalized, technology-driven approach.

With this recent infusion of capital, Cleverbean is poised to expand its reach and bring its cutting-edge solution to teachers around the globe. The platform not only assists educators in tracking reading development but also offers individualized reading strategies for each student, enabling teachers to monitor their progress in real-time against benchmarked reading levels.

"Cleverbean is dedicated to empowering both teachers and parents as they navigate the challenging process of teaching children to read," said Alina Hunter, Co-Founder of Cleverbean. "We are incredibly grateful for the support from Skalata Ventures, as their investment will allow us to accelerate the development and global accessibility of our platform, ultimately helping millions of children unlock their potential through literacy."

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