TINY TAP, BIG DOLLARS: TinyTap, a Tel Aviv, Israel-based creator of a platform that allows teachers to find, create and sell educational games, has raised $5 million in a Series A round led by Aleph, an Israeli venture fund. Previous investors including Inimiti, Radiant and ReInvent also chipped in.
Founded in 2012, TinyTap offers a marketplace that boasts more than 150,000 educational games, digital books and interactive activities that parents can access via a monthly or yearly subscription.
The platform also allows anyone, including teachers, to create and sell their games on the TinyTap marketplace. Developers whose games are played get a 50 percent cut of subscription revenue. (The company keeps the other half.) In its press release, TinyTap says it has disbursed more than $100,000 to teachers since 2017—and plans to triple this amount by the end of this year.
The company plans to use this fundraise to expand its Learning Plans, which is a curated sequence of activities designed to help children achieve their learning objectives. To date, TinTap has raised $8 million.
