General Catalyst leads $9 mln round for homework startup Brainly

Brainly, a social learning network that allows students to help each other with homework, has received $9 million in Series A funding. General Catalyst Partners led the round with participation from other investors that included Point Nine Capital, Learn Capital and Runa Capital. In addition to the funding, Adam Valkin and Nitesh Banta from General Catalyst Partners have been appointed to Brainly’s board of directors. According to the company, the capital infusion will be used to expand its U.S. business and open an office in New York City.

15 October 2014•4 mins read
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