The Vienna-based digital education solutions provider FoxEducation has been acquired by the German edtech company Sdui. With the acquisition of FoxEducation, Sdui strengthens its position as a leading provider of educational technology in German-speaking countries in Europe.
About FoxEducation
- Founded in Vienna in 2016, FoxEducation offers digital solutions to simplify communication and administrative tasks in the education sector. In addition to the SchoolFox app for schools, the company later introduced the KidsFox platform for daycare centers and kindergartens, and TeamFox for clubs. According to the company, today, over 9,000 institutions in the DACH region use FoxApps.
- In the summer of 2021, FoxEducation became part of the Austrian company GoStudent. After the deal, it grew by over 70 percent while several apps were continuously developed since then — including the innovative payment management tool FoxPay. FoxEducation has been part of the Sdui Group since July 2024.
Acquisition details
With the acquisition of FoxEducation, the Sdui Group intends to establish itself as a market-leading edtech provider in the field of communication and messaging for schools and daycare centers in German-speaking countries.
Following the acquisition of FoxEducation, the Sdui Group serves a customer base of 22,000 educational institutions across Europe.
“The acquisition of FoxEducation by the Sdui Group is a significant win for our customers. We are delighted to join forces to further improve everyday life in schools and daycare centers. Our combined expertise will create an even stronger foundation for innovative educational solutions. This partnership will ensure that our customers receive the best possible tools for their educational needs. By combining our resources, we will offer even more comprehensive and effective solutions than before, from which students, teachers, and parents will benefit equally,”
Philipp Fendt, Co-CEO of FoxEducation, shared.
At the same time, Sdui received an additional €21 million from investors, raising a total of €46 million in a Series A round. Summiteer and HV Capital are the lead investors, joined by new and existing investors like Haniel, Brighteye, Michael Hinderer, and HTGF. The company is investing part of this sum in the acquisition of FoxEducation.