![]() What was the source of the latest round of investment? How did it come about/what contacts were utilised? The next round was around $2.5 million which was used to develop the next 3 products: Arctic, Weather and Recall. This capital was used to develop MarcoPolo’s first product – MarcoPolo Ocean which went onto win numerous top awards and be downloaded millions of times globally. We originally raised around $1 million from ourselves and close friends and contacts. How much initial investment did the company need to start and where did it come from? ![]() MarcoPolo Learning is now growing rapidly with over 7 million downloads of its existing products, it is already helping to educate children across the world. From this we set out to build a global media brand which really puts children’s education first. We soon realised that most digital content available to children is “junk food media” because most media companies are only interested in selling merchandise (toys etc). In 2017, Nazar was the recipient of Northwestern University’s distinguished entrepreneur award.Īt the time, both of us had young children and were looking around for good educational content for our children, which we could not find. Nazar also founded Kellogg Insight (Kellogg School of Management’s online business journal) and capital market firm Rise Capital. Nazar is a former executive at Goldman Sachs and Tiger Global, as well as the former CEO of Forticom, a $1 billion social networking business, which was sold to. In my time, I’ve also founded 10 Music Entertainment, and sat on the board of the Institute of Play. Prior to MarcoPolo, I co-founded, and was president of PMG, a leading speciality retirement firm for K-12 teachers, which was latterly sold to Zurich Financial. MarcoPolo Learning was founded in 2013, by myself and Nazar Yasin (executive chairman). What’s your background and what’s the reason for founding the company?
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