German edtech startup Paddy has successfully raised €1 million in a pre-seed funding round, with High-Tech Gründerfonds (HTGF) acting as the lead investor.

This funding injection comes as the company achieves a notable milestone, having gained 12,000 users within just six months of its operation. Paddy's core mission is to lighten teachers' workloads, addressing a key pain point in the education sector.

The fresh capital is expected to support the startup in further developing its platform, enhancing its features to better serve educators, and expanding its user base across more educational institutions. With this backing and its early traction, Paddy is well-positioned to make a greater impact in the edtech space by continuing to streamline teachers' daily tasks.

paddy’s founding team (Photo: paddy)