Paris, France-based edtech startup MentorShow raised EUR 15 million in recent funding. The company announced the fundraise on March 10, 2023. Educapital and Crédit Mutuel Innovation led the financing for the company. Meanwhile, business angels and existing investors, such as Left Lane Capital and All Iron Ventures, participated in the funding.
So far, the company’s total funding amounts to EUR 20 million.
Purpose of financing for MentorShow
With the latest financing, the company seeks to expand its operations. It also has plans to consolidate its product. Meanwhile, the company looks to diversify its offerings.
In addition, MentorShow seeks to accelerate its international deployment.
What the co-founders have to add
Léo Dubert, the co-founder of MentorShow, said, “For many, learning is not a pleasure. We believe that developing skills should be as exciting as watching a good show. Why do we reserve high-definition cameras and celebrities for content that entertains us, not content that accomplishes us? At MentorShow, we want to create a new way of learning, combining the strengths of community, gaming and entertainment so that the choice to invest in yourself becomes obvious.”
He further commented, “We are happy and proud to have such prestigious funds and business angels join our capital, and we thank them for their trust. We are confident that they will bring the experience and resources needed to take us to the next level.”
What the investors have to add
Marie-Christine Levet, the co-founder of Educapital, further said, “In the post-COVID world, the desire for personal development has flourished, and people are looking for new ways to explore their potential talents or develop their hidden passions. At the intersection of learning, entertainment and inspiration, Mentorshow’s courses fully meet this need. We are delighted to contribute to this new round of funding aimed at their European rollout.”
In addition, Maxence Valero, an investor at Crédit Mutuel Innovation, said, “The world of training is not immune to the major changes in society. Mentorshow has succeeded in developing an innovative value proposition whose potential has been rapidly demonstrated, as evidenced by the growing number of registrants to the various educational courses.”
With this latest funding boost, the startup now plans to launch new types of training, multiply partnerships with world-renowned mentors and accelerate its international expansion.”
About the company
Mathieu Moreno and Léo Dubert launched in 2020. MentorShow is an online learning and training platform. It offers video courses created and hosted by renowned experts, such as Karim Benzema, Boris Cyrulnik, Pierre Gagnaire, Christophe André, Pierre Hermé, Frédéric Mazzella and Marc Lévy.
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