Foley Advises SchoolAI in $25M Series A Funding

Foley Advises SchoolAI in $25M Series A Funding

Foley & Lardner LLP served as legal advisor to SchoolAI, a leading artificial intelligence platform for teaching and learning, in its $25 million Series A funding led by global venture capital firm Insight Partners.SchoolAI is a leading AI platform transforming teaching and learning across K-12 and higher education. Used by teachers and students in more than 1 million classrooms across all 50 U.S. states and over 80 countries worldwide, SchoolAI…

Herbert Smith Freehills advises WeMoney on its Series A capital raise

Herbert Smith Freehills’ Venture Capital team has advised financial management fintech WeMoney on its A$12 million Series A capital raise, with first close in early 2025.The round was led by existing investors and welcomed Mastercard as a strategic investor. The balance of WeMoney’s Series A round will allow the company to raise a total of A$20 million in total equity as it pursues its growth ambitions.WeMoney is an open banking financial wellne…