Think24

Think24 is an online educational service founded by Shamil Mizitov in 2016. The platform uses artificial intelligence to prepare students in grades 8-11 for the exam and OGE. The Think24 also presents a system of recommendations and content generation. Think24 is also engaged in career guidance for future specialists and helps with the choice of profession. In addition to the educational platform, the startup has its own training centers in St. Petersburg.

History

2022: Attracting investment from VTB

In mid-September 2022, it became known about the investments attracted by the startup Think24 from the VTB structure of VIM Investments JSC. The transaction was carried out through the open mutual investment combined fund "Fund pre-I & Po 1" under the management of JSC "VIM Investments."

How much EdTech project received from the investor is not specified. It is only known that the fund received 33% of the Think24. The company intends to spend the raised funds on the development of the platform and the opening of educational centers in several Russian cities.

Russian online educational service Think24 attracted investments from VTB

{{quote 'Services are Think24 in demand by schoolchildren and their parents, since the company conducts training in a convenient format, offers online simulators for typical tasks, as well as passing trial exams. We believe that the company has a great future and believe that VIM Investments has made a profitable investment for the shareholders of its fund, "said Fyodor Rybkin, investment director of Altus Capital. }} For 5 years of operation, the company has graduated more than 7 thousand students (by September 2022). Think24 CEO and founder Shamil Mizitov sees a growing need for similar EdTEch projects based on progressive digital products.

He is confident that "the investment will provide an opportunity to increase the company's influence in the regions and implement innovative digital solutions within the framework of the educational platform."^[1]

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