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LoveHeart AI raised $2.3 million in a Seed round led by OIF Ventures and Skalata to develop its super-intelligent aide for educators.

Aug 19, 202412 months ago

Amount Raised

$2.3 Million

Round Type

seed

SydneyEdtechE LearningMachine LearningArtificial IntelligenceEducation

Investors

SkalataOif Ventures

Description

Early childhood edtech LoveHeart AI has secured $2.3 million in a Seed funding round. The funds will be utilized to enhance its AI-powered platform aimed at reducing administrative burdens for educators.

Company Information

Company

LoveHeart

Location

Sydney, New South Wales, Australia

About

LoveHeart is an AI educator-aide that uses an educator's observations to help them understand a child's development and how to extend learning by writing learning stories, daily journals, learning plans, and reflections in seconds.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers