SOWISO B.V.

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SOWISO B.V. - overview

Established

2010

Location

Amsterdam, -, Netherlands

Primary Industry

Internet

About

Sowiso B. V. is a company that specializes in providing an online learning and testing platform tailored for STEM education, aiming to enhance the educational experience for both students and teachers. Founded in 2010 and headquartered in Amsterdam, Netherlands, Sowiso B.


V. develops a digital learning environment for STEM education. The firm received funding through multiple rounds, with the most recent deal occurring on March 24, 2022, when Paragin acquired Sowiso B. V.


Financial terms were disclosed. Max Cohen is the founder of the company. Sowiso offers an innovative online learning and testing environment specifically designed for STEM education, focusing on engaging students while optimizing teachers' workflows. Their core product integrates interactive theory pages that feature color-coded texts, dropdown menus for detailed explanations, and dynamic visualizations through GeoGebra, thereby enhancing student comprehension.


The platform employs advanced analytics to evaluate students' answer attempts, pinpointing errors and providing tailored hints to facilitate personalized learning experiences. Sowiso caters to a diverse client base across higher education, secondary education, and educational publishers, with a commitment to enhancing learning outcomes for all students, including those with learning difficulties. The company's products are available in various international markets, addressing educational needs in regions such as Europe, North America, and parts of Asia. Sowiso's revenue model is primarily structured around subscription-based access to its suite of educational tools and resources.


Institutions and educational organizations can partner with Sowiso to implement their digital platform, which allows for the creation and management of customized courses. The revenue is generated through these institutional subscriptions, which may include options for different tiers based on the number of users or features required. The platform's testing module, a key offering, provides randomized assessments that streamline grading and feedback processes, further driving adoption among educators. This structure supports a B2B model, enabling Sowiso to establish long-term partnerships with schools and universities seeking to enhance their STEM educational offerings.


Following the acquisition on March 24, 2022, by Paragin, a portfolio company of Main Capital Partners, Sowiso aims to leverage its position to expand as a pan-European market leader in education technology. The acquisition will facilitate the ability of its customers to map, develop, and assess knowledge, skills, and competencies of their end-users more efficiently. Future growth will likely focus on the introduction of new products designed to enhance the digital learning experience, while also targeting expansion into additional European markets.


Current Investors

Main Capital Partners, Paragin B.V.

Primary Industry

Internet

Sub Industries

Education & Training Services, Education & Training Website, Web Applications, Education & Training Software

Website

www.sowiso.nl

Verticals

EdTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SOWISO B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedSOWISO B.V.-

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SOWISO B.V. - employee data

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