Technology companies in the EdTech category are digging the line of continuing education between the school curriculum and professional training. This is the case with Maskott who had just landed his first real financing of 7 million euros with a group of investors:
- The Bank of Territories,
- Crédit Mutuel Arkéa (through the societal innovation fund We Positive Invest),
- Investment UI,
- 12 business angels,
- Jérôme Pascal, as Director of Business Development at Maskott,
- Banque Populaire Auvergne Rhône Alpes and BNP Paribas serving as banking partners.
Launched from Le Puy-en-Velay (Haute-Loire, Auvergne-Rhône-Alpes region) in 2004 by Pascal carrier (a fellow science teacher), Maskott participated in the effort to democratize digital devices around the school by participating in programs for equipping digital tablets for students, but also personal learning through the Tactileo platform (8 million users).
“We see a continuum between the learning needs between the teacher and the trainer. The same Tactileo platform is run with two different inputs to meet the needs of student profiles »said Pascal Bringer, CEO of Maskott, whom we met at the trade show Learning Technology Organized in Paris last week.
Tactileo: the platform that integrates LMS and CMS
• In 2016 Maskott launched its Tactileo platform, LMS and CMS, for middle and high school teachers. Its Tactileo Pro version for professional training came later in the market, knowing that the platform could be used face-to-face or remote or in combination (blended learning).
• The digital learning tool makes it possible to create courses or courses from “off-the-shelf” content (own catalog or through third-party publishers).
• Of the 800,000 teachers in France, 20% of them have an active Tactileo account, spread across 35,000 schools. By 2027, Maskott wants to reach 50% of teachers with a Tactileo account.
With this increase of 7 million euros, Maskott wants:
- improving its Tactileo platform with new tools,
- accelerating the development of Tactileo’s content for the part of education and professional training,
- expand its influence on the national territory with the support of the Ministry of National Education, communities and academies.
Two economic models come together depending on the targets:
- For the world of education, the platform is free to use. Its operation is funded through the sale of educational content made in-house or to third parties (fellow publishers such as Hatier or Belin).
- In the area of professional training, an active user charge has been developed, resulting in a number of student subscription systems.
“Right now we make 2/3 of our turnover in digital education and 1/3 in vocational training. Our goal is to strive for balance in 2025,” said Pascal Bringer.
Vocational training: PIC enables faster development in the regions
In terms of vocational training and against the backdrop of the Skills Investment Plan (PIC, which is one of the components of the Major Investment Plan launched in 2017), Maskott participated in plans aimed at promoting the transfer of digital training centers.
- on Occitania / Pyrenees-Mediterranean regiona mission to support the digitization of more than 400 training organizations in partnership with Mima Campus and SC-Conseil was established,
- Suitable for Brittany regionan equivalent market for a similar device is won,
- on The Auvergne-Rhône-Alpes regionwith the support of Pôle emploi, it engages with training organizations on new projects to improve professional interaction with people away from work.
In the 2021 financial year, Maskott, with 30 people employed, achieved a turnover of 4.5 million euros.