The upstream industry of the early education industry is worthy of attention
Foreign Media News, US Children’s Early Learning Platform “Lovevery” recently received $20 million in Series B financing, by Maveron Leading, Google Ventures, Reach Capital and investment. After this round of financing, the lead Maveron’s Jason Stoffer will join the Lovevery board, while Maveron’s Cat Lee and GV’s Laura Melahn will serve as observers.
This round of financing will be used for product development, product line expansion and development of new digital functions. According to Crunchbase data, “Lovevery” has a total financing of $26 million.
“Lovevery” is a children’s early childhood education platform based in Idaho, USA, co-founders Jessica Rolph and Roderick Morris. “Lovevery” provides toys for specific activities at the child’s developmental stage, and exercises early childhood learning skills. Existing products include Play Kits, Play Gym, etc., and provide home manuals to understand your child’s developmental stages. The toy mix of “Lovevery” will be tested by different families to ensure that the product is suitable for the age group.
Lovevery Products
Compared with China, the early education market in the United States is relatively mature and the industrial chain is more complete. The upstream companies are mainly early education teaching aid suppliers, representative companies have Melissa&Doug, specializing in the production of wooden puzzles, high-end educational toys, other brands include Fish