Sdui Group has acquired FoxEducation, enhancing its position in the EdTech sector with a total funding of €46 million to improve educational communication solutions in the DACH region.
Target Information
Founded in 2016 in Vienna, FoxEducation is a digital solutions provider aimed at simplifying communication and administrative tasks in the educational sector. The company initially launched the SchoolFox app for schools, followed by introducing KidsFox for kindergartens and TeamFox for clubs. Presently, over 9,000 educational institutions in the DACH region are utilizing FoxEducation's solutions. In the summer of 2021, FoxEducation became part of GoStudent, and since then, the applications have been continuously enhanced, including the introduction of the innovative payment management tool, FoxPay. As of July 2024, FoxEducation has joined the Sdui Group.
With its focus on improving communication between educators, parents, and students, FoxEducation has experienced significant growth, achieving over 70% growth under GoStudent's leadership. This growth underlines its potential in the EdTech landscape, making it an attractive acquisition for educational organizations looking to optimize their communication solutions.
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Industry Overview in Germany
The EdTech sector in Germany is burgeoning, reflecting a global trend towards integrating technology into the educational sphere. Over the past few years, the demand for digital solutions in schools has soared, primarily driven by the increased
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