Horizon Capital, a US private equity firm, has announced the investment into GoIT, a Ukrainian-founded EdTech platform. This transaction marks the second investment from Horizon Capital’s latest fund, HCGF IV.
- GoIT is a global EdTech company with a mission to democratize engineering education for the digital professions. Founded in Ukraine by Roman Korytskyy and Anton Chorny, the company is currently operating in Poland, Romania, Mexico, Colombia, and the Philippines and aims to enter two new markets each year.
- The company also launched GoITeens, a pre-college offering to boost access to STEM education and Neoversity, the pioneer online Tech Masters program with internationally recognized diplomas. GoIT claims it has grown to over 20,000 students and helped place alums in over 850 tech companies in 15 countries.
- Horizon Capital is a private equity firm with $1.5 billion in assets. Its funds have invested in over 172 companies employing more than 80,000 people in the region.
“I am delighted to welcome Horizon Capital as part of our team at this critical juncture for our company. The additional growth capital will help us accelerate our international scaling and invest in the tremendous opportunities created by the advancement of AI. We truly are just at the beginning of our journey. Our team will keep focusing, first and foremost, on maximizing value for our students, disciplined execution, and capital-efficient growth.”
Roman Korytskyy, co-founder of GoIT, commented.
- The amount of investment was not disclosed, but it marks the second investment from Horizon Capital’s latest fund, Horizon Capital Growth Fund IV (HCGF IV), which reached $298 million at its Interim Closing on September 28, 2023. It will help to accelerate the GoIT’s global expansion.
