Since launching in 2021, Gizmo has developed an AI-driven platform that converts students' notes into interactive study materials and uses game mechanics—like leaderboards, streaks, limited lives, and friend challenges—to boost engagement. The app is designed for teenagers and young adults and has grown rapidly to more than 13 million users across over 120 countries, up from about 300,000 users in 2023. Gizmo had seven employees before the Series A and plans to expand to around 30 as it hires for engineering and AI roles. The company intends to use the Series A proceeds to scale its teams and expand its presence in the U.S. college market. Gizmo's prior financing includes a $3.5 million seed round led by NFX.

Total raised

$26M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2026