A high growth education technology company based in Medellin, Colombia, Aulas AMiGAS believes that the education paradigm can be changed only by producing better teachers. Its vision is to change teaching from a static rote model to a dynamic active learning experience and aspires to facilitate meaningful learning experiences within the classroom through innovative technological tools.
Presently used in over 25,000 classrooms with more than 50,000 teachers as users, its products have a simple user design with easy implementation in educational settings. The core product is a smart board that helps increase classroom interaction through Augmented Reality.
Investment Rationale
The investment in Aulas AMiGAS was aimed at giving Gray Matters Capital a strong entry in the Latin American education market. As part of the investment, Gray Matters Capital has also gained a stake in start-ups such as SuperProfe, Editorial Aulas AMiGAS, Domoti, QBIC, and La Fundacion Aulas AMiGAS. Gray Matters Capital is also looking to successfully replicate its business model and product application in other developing markets such as India.