UK-based edtech startup Medly AI has raised $8 million in Seed funding to expand its AI-powered exam preparation platform in the UK and other international markets.
The funding round was led by Felix Capital, with support from existing investors Eka Ventures and Ada Ventures. Several angel investors also joined the round, including Andrey Dobrynin, Al Giles, Jean Hammond and Hector Mason.
Medly was founded by Dr Paul Jung and Dr Kavi Samra, who are both graduates of UCL medicine. The company has developed an AI tutor that provides personalised support to students preparing for exams.
The AI tutor combines seven large language models with ideas from neuroscience and teaching methods. It tracks how students learn and adjusts its feedback and support based on their individual progress.
Students can use Medly to answer practice questions and get instant feedback on their answers. The platform can also show students where they could gain more marks. It also supports handwriting recognition, allowing students to write answers directly on a tablet or with a stylus. This can be particularly useful for subjects such as maths and chemistry.
Since launching in February 2025, Medly says it has attracted more than 400,000 users in the UK. Students spend around one hour per day on the platform on average.
The company says students who used Medly to prepare for their GCSE exams saw improvements in their results. Medly is also running a trial involving more than 1,000 students to further measure how its platform affects academic performance.
“Almost a third of 11–16-year-olds receive some form of private tutoring. For those who can afford it, it’s a powerful advantage. For those who can’t, it’s an equally powerful reinforcer of the status quo, said Dr Paul Jung, co-founder and CEO of Medly. He said the company aims to make personalised academic support more widely accessible by providing students with tutoring that adapts to how they learn.”
Medly is developing its own AI models for education, including tools for marking student work and improving teaching support. The company is also creating features for students who want to study topics beyond their regular school exam syllabus.
These new features are designed to help students who are preparing for higher education and want to build stronger knowledge before starting university or college.
Medly has also started expanding outside the UK. The company recently launched SAT preparation in the US and plans to add support for AP and ACT exams by the end of the year.
The new Seed funding will help Medly grow its UK student community, expand into international markets, develop more AI features and continue researching how its platform affects students’ academic results.
