Medly AI raises $8M seed to bring AI exam tutoring to UK students
What's the deal? Medly AI, a London exam-prep platform built by two former NHS doctors, has raised an $8m seed round led by Felix CapitalDealroom has a profile for this one. Try Dealroom →. Existing backers Eka VenturesDealroom has a profile for this one. Try Dealroom → and Ada VenturesDealroom has a profile for this one. Try Dealroom → returned, alongside angels including InvestEngineDealroom has a profile for this one. Try Dealroom → chief executive Andrey Dobrynin, Al GilesDealroom has a profile for this one. Try Dealroom →, Jean HammondDealroom has a profile for this one. Try Dealroom →, and Hector Mason.
What's the endgame? Medly marks students' practice answers and explains where marks were lost through a conversation rather than a worksheet. It covers GCSEs, A-levels and the IB in the UK, recently added the US SAT, and plans APs and ACTs before the end of 2026. The company intends to build its own models for UK and EEA marking rather than rent general-purpose ones indefinitely.
Why now? The round follows a £1.7m raise announced in February 2025 and a government contract. In June 2026, Medly was one of eight suppliers picked from 53 bids for the AI Tutoring Tools Pioneers Programme, run by the Department for Science, Innovation and Technology with the Department for Education. Each winner takes £300,000 excluding VAT for research contracts running to 31 March 2027, aimed at raising attainment among disadvantaged pupils in England.
The signal: The round shows investor appetite for AI tools targeting education access as the sector moves from consumer apps towards public-sector validation.
Read more: The Next Web
Image credit: University of Salford
