Brainly to expand services using $9M raised from US investors

Social learning network Brainly announced Monday that it was able to raise $9 million from US investors, which it will use to develop different language versions of the website and to open a new office in New York.

"With this funding, we will be able to accelerate our vision by bringing new expertise to our team so that we can reinvent the next generation of our product," Brainly CEO Michal Borkowski said in an emailed statement.

"The money raised will let us develop very quickly in the countries where Brainly is already present and will also let us launch new language versions and expand to the rest of the world," he added.

The Brainly website provides students a venue in which students can help each other in school work. The social networking site was founded in 2009 and has expanded into 35 countries throughout South America, Europe, and Asia.

Brainly called its Philippine version, Brainly.ph which was launched February this year, one of the "most promising ones” with 2.3 million users.

Citing data from the US Department of Education's National Center for Education Statistics which said that Math was one of the most problematic school subjects for Filipino students, Brainly claimed it could help by uniting “both students who are great at Math and those for whom it is the main source of frustration."

"Our vision is to help students become unstuck by turning homework into an opportunity to inspire learning and collaboration," Borkowski said. — Kathryn Mae P. Tubadeza/DVM, GMA News