The platform helps those looking to make a career switch to develop in-demand skills while also supporting professionals seeking to upskill and perform better in their current roles.
Kyiv B2C edtech platform Kodree has secured $10 million in user acquisition financing (UA) from financial services firm PvX Partners.
Kodree is the first product from Rist Labs, a co-founding studio launched by the founders of Ukrainian edtech company Mate academy – Roman Apostol, Anna Apostol and Max Lysak – focused on building AI-powered B2C products for Tier-1 global markets.
A subscription-based edtech platform, Kodree provides structured learning paths supported by an AI assistant that suggests solutions and provides feedback, alongside a community-driven learning experience designed to build skills through hands-on exercises, real-world projects and group collaboration.
With users in 185 countries, the platform helps those looking to make a career switch to develop in-demand skills for new opportunities, while also supporting professionals seeking to upskill and perform better in their current roles.
Led by Kodree CEO and former Mate Academy Head of Product Oleksandr Bartosiuk, the platform operates as a separate company with its own P&L.
“About 80 per cent of the learning process in Kodree is hands-on practice. The AI assistant helps users move faster by suggesting solutions, checking answers, and providing feedback along the way. We don’t believe in passive learning through watching YouTube videos — it creates an illusion of knowledge but doesn’t build real skills,” Bartosiuk said.
Kodree’s parent company, Mate academy, is an established edtech company in the Ukrainian tech ecosystem known for its AI-powered learning platform that helps users develop skills for both technical and non-technical roles and build careers in IT and beyond. The company operates across multiple markets and is supported by a robust product and engineering team.
According to Mate academy co-founder Max Lysak, launching Rist Labs is a natural extension of the team’s internal product experiments.
“At Mate academy, we’ve constantly experimented with new product ideas. Over time, this evolved into a dedicated R&D direction. Rist Labs gives us a way to systematically build new global products,” Lysak said.
The company will use the credit facility to scale marketing efforts and accelerate global user acquisition.
PvX is a financial services platform specialising in cohort financing and market intelligence for consumer applications. Backed by General Catalyst, PvX provides businesses with non-dilutive, scalable capital.