Czech-Slovak Readmio Secures €1M From Polish Simpact Ventures

Why It Matters

The deal signals heightened investor appetite for impact‑driven edtech that can scale globally, while offering a technology‑enhanced alternative to passive digital reading.

Key Takeaways

• €1M seed from Simpact Ventures fuels global expansion
• Voice‑recognition tech enhances shared reading experiences
• 2M downloads, 300k MAU, 50k paying families
• Available in 135 countries, 9 languages
• Subscription model paired with telecom partnerships

Pulse Analysis

The edtech sector continues to attract impact‑focused capital as investors seek solutions that blend profitability with measurable social outcomes. Voice‑recognition and real‑time interactivity are emerging differentiators, allowing platforms to transform passive screen time into collaborative learning moments. Simpact Ventures’ €1 million injection into Readmio reflects this trend, positioning the company at the intersection of technology, education, and child development while aligning with the fund’s mission‑driven mandate.

Readmio’s traction is notable: more than 2 million downloads, 10 million stories consumed, and a growing base of 300 000 monthly active users across 135 countries. These metrics demonstrate both market validation and scalability potential, especially as the app supports nine languages and targets families seeking quality shared‑reading experiences. Expansion into high‑growth markets such as India, China, and broader Asia offers a sizable addressable audience, where mobile penetration and parental demand for educational content are accelerating rapidly.

The company’s subscription‑based model, complemented by strategic partnerships with telecom operators, provides a recurring revenue stream that can sustain long‑term growth. By monetizing family plans and leveraging carrier collaborations, Readmio can lower acquisition costs while expanding its footprint. Coupled with its social impact narrative—enhancing empathy and imagination in children—the platform is well‑positioned to attract further funding and forge alliances that deepen both financial performance and societal benefit.

Czech-Slovak Readmio Secures €1M from Polish Simpact Ventures

By Lenka Vranová · 5 February 2026

Czech‑Slovak fairy‑tale storytelling app Readmio secured new funding from a Polish impact fund.

Founders: Jozef Šimko, Ilya Novodvorskiy, and Radoslav Rajčan, Erik Nota

Founding year: 2018

Industry: EdTech

Problem

Busy parents struggle to make reading engaging and educational, while many digital story apps replace shared reading instead of strengthening parent–child interaction.

Solution

Readmio is a fairy‑tale app that uses voice recognition to detect when parents read aloud and enhances the experience in real time with music and sound effects, while also offering audiobooks and educational activities.

Customers

Families with children, primarily parents of young kids

Stage

Growth stage

Investment amount

€1 M

Funded by

Simpact Ventures

Previous investors

ZAKA VC, Zero One Hundred, DEPO Ventures

Investor’s perspective

“We believe in the Readmio team’s growth vision. We understand each other well. The technology is successfully entering new markets and users rate it highly. Spending quality time with children is crucial to their development. Beyond the enormous business potential, there is real social impact consistent with the fund’s investment policy. Our investment will enable faster product development and, above all, faster scaling into new markets such as India, China, and other Asian markets,” – Krzysztof Grochowski, Partner at Simpact Ventures.

Planned use of funds

Global expansion into Asia (including India and China), the United States, and Latin America, as well as faster product development and scaling.

In their own words

“We have created something special – 10 million told stories to children in 135 countries – but we have the ambition to increase this number and give millions more children the gift of imagination, empathy and joy through these stories.” — Jozef Šimko, CEO

Specialty

Voice‑recognition‑powered interactive storytelling that turns shared reading into an immersive, educational experience.

Business model

Subscription‑based model with paid family plans, complemented by partnerships (e.g., telecom operators).

Market

Global — currently available in 135 countries, with content in 9 languages and expansion planned worldwide.

Traction

• 2 + million app downloads

• 10 + million stories read or listened to

• 300 000 + monthly active users

• 50 000 + paying families

Funding so far

€2.98 M

Updated: 5 February 2026

Tags: czech ecosystem, edtech, Polish VCs, Slovak startup ecosystem