Headway Inc Attracts First Round of External Investment from Bullhound Capital
Headway Inc has closed its first external Series A funding round, securing investment from global investment firm Bullhound Capital, the company told Scroll.media.
According to Headway Inc representatives, this is the largest initial funding round for a company with Ukrainian roots since the start of the full-scale invasion and the largest single investment to date for Bullhound Capital’s VI fund.
- Headway Inc has not disclosed the size of the investment or its current valuation.
- However, Bullhound Capital’s IV fund typically takes around a 10% stake, with an average ticket size from €10 to €30 million.
- Scroll.media estimates Headway Inc’s valuation to be in the hundreds of millions of dollars.
«This large-scale round is the biggest first institutional investment for a Ukrainian-founded tech company during the war, showing the resilience of Ukrainian entrepreneurs and their ability to build global success stories,» said Anton Pavlovsky, founder and CEO of Headway Inc. «It’s further proof that you can build unicorns in Ukraine, even in the toughest of times.»
Bullhound Capital, the investment arm of GP Bullhound, is known for backing companies that go on to dominate their categories. With over €1 billion in assets under management and 25 years of experience, its portfolio includes global giants like Spotify, Klarna, Revolut, Slack, Unity, Connincex.ai, and EcoVadis.
The investment in Headway Inc will fuel the development of new AI-driven personalized learning products and expand the company’s global reach.
Founded in 2019, Headway Inc has already crossed 150 million downloads in more than 170 countries, doubling its growth every year and reaching profitability. Its flagship apps — Headway, Impulse, and Nibble — regularly rank among the App Store’s top performers, underlining the strong demand for gamified, bite-sized educational content. In April, Time magazine ranked Headway Inc fourth on its list of the world’s 350 most successful EdTech companies, ahead of Coursera and Duolingo.
«Headway Inc is a shining example of how personalized and gamified learning is reshaping the way people engage with education. Their vision aligns perfectly with our mission to disrupt outdated systems and deliver AI solutions to real-world problems,» said Per Roman, founder and managing partner of Bullhound Capital.
The company says this investment is part of a broader, phased capital-raising strategy with financial details remaining confidential for now.
Headway Inc Attracts First Round of External Investment from Bullhound Capital
Headway Inc has closed its first external Series A funding round, securing investment from global investment firm Bullhound Capital, the company told Scroll.media.
According to Headway Inc representatives, this is the largest initial funding round for a company with Ukrainian roots since the start of the full-scale invasion and the largest single investment to date for Bullhound Capital’s VI fund.
- Headway Inc has not disclosed the size of the investment or its current valuation.
- However, Bullhound Capital’s IV fund typically takes around a 10% stake, with an average ticket size from €10 to €30 million.
- Scroll.media estimates Headway Inc’s valuation to be in the hundreds of millions of dollars.
«This large-scale round is the biggest first institutional investment for a Ukrainian-founded tech company during the war, showing the resilience of Ukrainian entrepreneurs and their ability to build global success stories,» said Anton Pavlovsky, founder and CEO of Headway Inc. «It’s further proof that you can build unicorns in Ukraine, even in the toughest of times.»
Bullhound Capital, the investment arm of GP Bullhound, is known for backing companies that go on to dominate their categories. With over €1 billion in assets under management and 25 years of experience, its portfolio includes global giants like Spotify, Klarna, Revolut, Slack, Unity, Connincex.ai, and EcoVadis.
The investment in Headway Inc will fuel the development of new AI-driven personalized learning products and expand the company’s global reach.
Founded in 2019, Headway Inc has already crossed 150 million downloads in more than 170 countries, doubling its growth every year and reaching profitability. Its flagship apps — Headway, Impulse, and Nibble — regularly rank among the App Store’s top performers, underlining the strong demand for gamified, bite-sized educational content. In April, Time magazine ranked Headway Inc fourth on its list of the world’s 350 most successful EdTech companies, ahead of Coursera and Duolingo.
«Headway Inc is a shining example of how personalized and gamified learning is reshaping the way people engage with education. Their vision aligns perfectly with our mission to disrupt outdated systems and deliver AI solutions to real-world problems,» said Per Roman, founder and managing partner of Bullhound Capital.
The company says this investment is part of a broader, phased capital-raising strategy with financial details remaining confidential for now.
