Escola IT firm to raise 4 million pln via IPO

Escola is a technology company that creates both mobile and web solutions. In addition to its core activity as a software house, it diversifies its business with development of its own products.

The company is currently developing 5 projects – Meetinga, Escola LMS, Frivo, Heseya and PupileVet.

The current president of the management board and the majority shareholder of the company is Dr. Krzysztof Wojewodzic, who has been developing the company for 4 years. This year, Escola was ranked 6th in the ranking of the fastest growing IT companies according to Clutch. In 2019, the subsidiary Escola sp.z o.o. received the Mobile Trends Awards 2019 for the Orlen Mobile application and in 2021 Mobile Trends Awards 2021 for the application for Radio 357.

Currently, a public offering of the company’s shares is underway, in which it intends to raise from PLN 4 million. The financing will be allocated to further acquisitions of companies from the IT segment, thanks to which experienced programmers will join the company. Escola also intends to develop the Frivo application, e-commerce system, Escola LMS e-learning system and increase spending on marketing campaigns. This is the third investment round of the company, approximately PLN 1 million was obtained from the previous rounds.


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