Hungary’s BOOKR has raised EUR 6.1 million, about $7.2 million, in a Series A — a rare growth cheque for a Central European edtech that sells to schools abroad rather than consumers at home.

The round was announced on Aug 24, 2026. It was led by TCEE Fund IV, a 2022-vintage growth fund advised by 3TS Capital Partners that writes tickets of roughly EUR 5 million to EUR 20 million. Joining were Leib Lurie, co-founder and former chief executive of Kids Read Now; Robert Iskander, chairman and chief executive of SchoolDay; the Finnish investment fund Infinit Capital Oy, associated with the Kopponen family; and Billingo chief executive Albert Sarospataki, investing through the FusionWise angel syndicate. No valuation was disclosed. Coverage of the round is so far limited to a single trade outlet, and several terms — including total funding to date — remain unreported.

What the company does

BOOKR was founded in 2015 in Budapest by Dorka Horvath, who remains chief executive, and operates as Mora-BOOKR Kids, with Gergely Richter as chief technology officer. The product began as interactive animated storybooks paired with games aimed at early readers.

The school-facing platform, BOOKR Class, is now the commercial core: a library of interactive books with more than 50,000 learning activities and a set of teacher tools. It teaches primarily English, with German and Hungarian courses also available.

The numbers behind the round

BOOKR reports more than 600,000 paying students across over 3,000 schools in more than 30 countries, on reported revenue of about $2.7 million. No growth rate or profitability figure was published.

That is a considerable distance from where the company stood at its last widely reported raise. In November 2020 it took EUR 4 million — half of it equity, half a convertible note — in a round led by Bonitas, the venture arm associated with Hungarian banker Sandor Csanyi, when it counted roughly 100,000 Hungarian students and annual revenue near EUR 1 million.

Why the timing matters

The stated use of funds is expansion through partnerships into Asia, the Middle East, Europe and the Americas, alongside two new products: BOOKR Next, aimed at ages 10 to 18, and BOOKR Phonics. The company also plans to widen international access to its Teacher Dashboard and Speaking Studio, and to fund research linking platform use to measurable learning outcomes — the evidence base that increasingly governs public procurement in education.

Horvath framed the raise against the spread of generative AI in classrooms, arguing that the next generation will not compete with AI on speed but on depth: comprehension, curiosity, judgement and the ability to ask better questions. Barnabas Vincze of 3TS Capital Partners pointed to the export profile, saying BOOKR pairs content and pedagogy with a genuinely international business of a kind few companies in the region achieve. For an investor base that has watched CEE edtech struggle to escape small domestic markets, that distinction is the thesis.

Source

The Recursive — "Hungarian EdTech BOOKR Raises EUR 6.1M Series A to Expand Global Reach"