Masterplace Secures $2 Million in Seed Round

Masterplace Secures $2 Million in Seed Round

Masterplace, a Madrid, Spain-based educational technology startup, has secured $2 million in seed funding.

The investment came from business angels and founder Ilya Rouss.

With the funding, the company plans to launch a first-of-its-kind AI-powered educational platform to promote education for societal benefit.

Founded by Ilya Rouss, Masterplace focuses on developing an innovative AI-powered platform for education. They offers content for students and simplifying course creation and management for educators. It uses blockchain technology to secure intellectual property and supports aspiring teachers and students without formal degrees.

Funding Details

Company: Masterplace

Raised: $2.0M

Round: Seed Round

Funding Month: July 2024

Investors: Business Angels, Ilya Rouss

Company Website: https://masterplace.com/

Software Category: Educational