Junto raises five million euros

The money comes from Earlybird and Picus Capital, among others. Now the founders want to hire new staff.

Just three months after its last financing round, Berlin-based edtech Junto has received a further five million euros from Earlybird, Picus Capital, Emerge Capital and ten other investors. Junto intends to use the funding to finance the expansion of its workforce and the further development of its own software and course offerings.

"The financing round that has now been completed brings us a big step closer to this vision: in addition to the network of our more than 50 angel investors, the capital and experience of Earlybird, Picus Capital and Emerge Education will now enable us to further accelerate the implementation of our strategy," says co-founder Johannes Schnell-Kretschmer.

Schnell-Kretschmer founded Junto together with Marius Hepp and Feliks Eyser. The team had already founded and sold software companies in the past.