StudyBee

StudyBee

Student development - only smart.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor investor investor investor

€0.0

round
investor investor

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N/A

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
EUR2018201920202021202220232024
Revenues0000000000000000000000000000
% growth563 %(25 %)(31 %)58 %17 %108 %61 %
EBITDA0000000000000000000000000000
% EBITDA margin(126 %)(162 %)(121 %)(97 %)---
Profit0000000000000000000000000000
% profit margin(153 %)(220 %)(233 %)(179 %)(179 %)(52 %)(17 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

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More about StudyBee
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StudyBee AB operates within the Swedish educational technology market, providing a data-driven platform designed to enhance student learning and development. Founded in 2015 by Ian Rattigan, Mats Carlsson, and Daniel Ronnstam, the Malmö-based company developed a software solution that integrates directly with Google Classroom. This integration allows teachers to conduct formative assessments, track progress against national curriculum targets, and provide personalized feedback without leaving the Google environment.

The company's primary product offers tools for various stakeholders within a school. For school leadership and special educators, 'StudyBee Insights' provides comprehensive overviews at the school, class, and individual student levels, facilitating data-driven quality management. An integrated Early Warning System flags students at risk of not meeting their goals, enabling timely intervention. For teachers, 'StudyBee Assess' simplifies grading and feedback. Students and parents can use the 'StudyBee Mobile' app to stay updated on progress and feedback. This multi-faceted approach aims to improve collaboration between school and home.

StudyBee's business model is subscription-based, targeting clients from individual independent schools to entire municipalities. In 2017, the company secured SEK 4 million in a funding round to support UK expansion, with investors including Almi Invest and Djäkne Startup Studio. A second round in 2019 raised approximately €500,000 (SEK 4.5 million) from existing investors to fund further product development and international growth, including pilot projects in the US. By June 2025, a significant milestone was reached when StudyBee was acquired by Unikum, Sweden's largest school portal. This merger combines StudyBee's analytics and Google Classroom integration with Unikum's extensive network of over 100 municipalities, though StudyBee continues to operate as a distinct brand and team. For the fiscal year 2023, StudyBee reported net revenue of SEK 2.4 million with a loss of SEK -2.1 million.

Keywords: EdTech, Google Classroom integration, formative assessment, student analytics, data-driven education, learning management system, K-12 education, systematic quality management, student progress tracking, Early Warning System, assessment tools, Swedish education, curriculum management, teacher collaboration, parent communication, Unikum, Ian Rattigan, educational software, student feedback, school administration

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