Aid agency Save the Children Australia has backed a second startup with its Impact Investment Fund, taking an equity stake in education company Inquisitive.
Save the Children Australia CEO Paul Ronalds said the investment is an exciting opportunity to increase Inquisitive’s social impact for children in low socio-economic areas, especially rural and remote areas, and schools with a higher proportion of Aboriginal and Torres Strait Islander students.
The edutech startup seeks to “declutter the curriculum” for teachers, saving hundreds of hours in lesson preparation so they can focus on more engaging classes.
Inquisitive has already been adopted by over 29,000 teachers in 4,300 schools – more than 60% of Australian primary schools.
Ronalds say they were excited to help increase the uptake of Inquisitive in local schools.
“By making the process of educating more straightforward for teachers in areas that need it most, I have no doubt the positive flow on effect it will have to children will be enormous.”
Inquisitive’s founder is Tim Power, one of the world’s leading experts in education technology, who previously founded 3P Learning and ClickView.
Paul Ronalds spoke to Startup Daily about the investment and the future investment plans for the Save the Children impact fund.
Click on the video below to hear what he had to say about it.
Don’t forget you can turn into the Startup Daily show every weekday from 2-2.40pm on ausbiz.com.au, for the latest news in tech and startups.
If you can’t make it, then you can always catch up on what our guests had to say on demand via the ausbiz site. It’s free once you sign up.