Brio, the first and only platform for standardized digital tests addressed to Romanian students, is listed on SeedBlink, the largest equity crowdfunding platform in the region.
The financing round will amount to EUR 270,000 (the company accepting over-subscription up to maximum EUR 350,000), for which the company will give up 9.09% (up to maximum 11.48%) of its shares.
Pre-investment evaluation of Brio is EUR 2.7 million.
Brio is a last generation SaaS type solution (software as a service) approved by the Ministry of Education and Research for school evaluation and testing.
It is grounded on own scientifical analyses and the latest theories in the sciences of education at international level.
Brio aims at large scale implementation at national level, based on the fact that it offers a digital product easy to use that has already passed the users test recording a very good social adoption rate during the lockdown period.
Between March and August 2020, 18,000 students tested their knowledge through over 67,000 tests, and 260 schools chose Brio as an evaluation tool.
Moreover, the test engine of Brio conceived by a team of international experts in testing and psychometry, make the platform applicable to international markets as well, in particular the large regional market of European Community.