Evulpo, a Zurich-based edtech startup, has raised €9.3 million (US$10.74 million) in series A funding.

The round included backing from existing investors such as Serpentine Ventures, Swiss family offices, and several entrepreneurs, including Dr Felix Grisard, Dario Fazlic, Bruno Pfister, Yann Sommer, and Aribeda, the family office of former UBS CEO Dr Peter Wuffli.

Founded in 2020, Evulpo operates in seven countries and provides curriculum-aligned learning tools for students and teachers, using AI to create adaptive learning experiences.

The company said about 70% of the new capital will go toward product development, including adaptive lessons and new features for teachers and schools.

Evulpo’s platform is used by thousands of families and around 100 schools.

This series A brings the startup’s total funding to over €19.9 million.

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🔗 Source: EU-Startups

🧠 Food for thought

1️⃣ AI integration drives massive growth expectations in EdTech sector

Evulpo’s AI-powered approach aligns with a sector experiencing significant AI adoption momentum.

AI adoption in EdTech is expected to grow at a compound annual growth rate of 47% from 2021 to 2024, while 67% of recently founded EdTech unicorns now utilize AI in their products 1.

This trend is supported by educator demand, with 93% of educators expecting to expand their use of AI in their work 2.

The rapid adoption extends to students as well, with 90% of college students using AI tools like ChatGPT for academic support shortly after their release 3.

Evulpo’s focus on dedicating 70% of its Series A funding to AI-driven product development positions the company to capitalize on this market shift toward intelligent, adaptive learning platforms.

2️⃣ Strong user engagement metrics signal product-market fit in competitive landscape

Evulpo’s average session length of over 30 minutes stands out in an industry where engagement remains a persistent challenge.

Historical data shows that 65% of K-12 licenses in EdTech are rarely used, highlighting the difficulty many educational platforms face in maintaining sustained student engagement 4.

This engagement gap represents a significant business risk, as investors increasingly expect EdTech companies to demonstrate substantial revenue—typically $500,000 to $1 million—before securing seed funding 4.

Evulpo’s ability to secure strong follow-on investment from existing backers, combined with its expansion to seven countries and adoption by around 100 schools since its 2022 launch, suggests the platform has achieved measurable traction that attracts continued investor confidence in an increasingly selective funding environment.

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