In a social media post, the VC firm said that it exited Toodle with a 6.6X return on its investment
3one4 Capital’s Anurag Ramdasan said that the exit was about the VC firm’s economics and targets, and had nothing to do with the funding winter and pressure on the edtech sector
Toddle has grown phenomenally and being a SaaS player, it has a sustainable edtech model: Ramdasan
Venture Capital (VC) firm 3one4 Capital has exited early-stage edtech startup Toddle with a 6.6X return on its investment.
3one4 Capital, which invested around $200K-$250K in Toddle’s seed funding round in 2020, announced its exit in a LinkedIn post earlier this week, days after the startup bagged $17 Mn in its Series A funding round led by Sequoia Capital India.