Australian edtech startup School Places raised $2 million AUD from Square Peg Capital, Tank Stream Ventures and Rampersand. Square Peg had already invested in School Places’ seed round. The funding will be used to expand the service beyond Victoria, first to New South Wales and later nationwide.
School Places is an online marketplace for private school places. Private schools offer vacancies at discounts between 10% and 30% from the annual fee, schools pay School Places to get listed.
Launched in April, the site has become very popular among parents searching for private school placements. At launch day alone the site saw 35k searches.
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