Headway Inc Raises Investment From Horizon Capital to Accelerate Global Expansion of Lifelong Learning Products

Headway Inc, a global consumer EdTech company with Ukrainian roots, has raised an investment from Horizon Capital, a leading private equity firm with $1.8 billion in assets under management. The investment was made through Horizon Capital Growth Fund IV (HCGF IV), which backs high-growth technology and export-oriented companies in Emerging Europe.

The investment follows the previously announced Series A extension led by Bullhound Capital, with Endeavor Catalyst joining as a co-investor—its first-ever investment in a company with Ukrainian roots. Headway Inc will use the funds to accelerate international growth and support preparations to open an office in the United States.

For Headway Inc, this investment continues a phased strategy to raise capital and strengthen its position among global leaders in consumer EdTech. Financial terms are not being disclosed.

Horizon Capital invests alongside Ukrainian founders and international partners, including across the technology sector. The fund’s portfolio includes Ajax Systems, Creatio, Genesis, and Preply. Since the start of the full-scale invasion of Ukraine, Horizon Capital has completed eight investments through Growth Fund IV ($350 million) and, in January 2026, launched a €300 million Catalyst Fund focused on reconstruction.

 “We have known Anton Pavlovsky for many years, and throughout that time, he has remained one of the most driven entrepreneurs we have ever met. In a short period of time, under exceptionally challenging circumstances, Headway Inc has grown from a small startup into an ecosystem of products that are transforming the way millions of people learn,” said Vasile Tofan, Senior Partner, Horizon Capital.

 “By combining operational excellence with deep data analytics, the company has established a leading position in the global EdTech market. We are confident that continued integration of AI technologies will enable Headway Inc to further scale this advantage,” added Hanna Shuvalova, Principal, Horizon Capital.

Headway Inc’s products are powered by a data-driven culture and personalization system that combines behavioral economics and AI. The company runs hundreds of product experiments and uses in-house technology to analyze terabytes of data, modeling trillions of user journeys, from the first marketing touchpoint to the in-app learning experience, to adapt content to each user's needs.

“AI integration today isn’t optional—it’s a fundamental requirement for staying ahead in the market. The funding we’ve raised will help Headway Inс scale the development of truly AI-native products,” says Anton Pavlovsky, Founder and CEO of Headway Inc. “But technology only delivers results when it’s paired with people. That’s why we’ll allocate a significant share of this investment to strengthening our teams—from training to embedding AI into KPIs across the entire company. We’re building an operating infrastructure where algorithms automate routine work, and specialists focus on creating unique value for hundreds of millions of users.”

Headway Inc has been recognized by TIME as one of the world’s top five EdTech companies. The company’s portfolio includes Headway, Impulse, Nibble, AddMile, Skillsta, as well as B2B solutions for corporate learning.

Over the past three years, Headway Inc has grown its downloads eightfold. Its apps have been downloaded more than 170 million times across 170+ countries—reaching approximately 2.5% of the world’s population. The company’s products have been featured as App of the Day more than 600 times in the App Store across 75 countries, including the United States, the United Kingdom, and Canada.

Headway Inc continues to invest in talent, strengthening expertise in data, artificial intelligence, and digital product development. Since 2022, the team has tripled in size, and in 2025 alone, more than 150 specialists joined the company. 

About Headway Inc

Headway Inc is a global consumer tech company that revolutionizes lifelong learning. The company develops digital educational products that make knowledge more accessible, personalized, and impactful for over 150 million users worldwide. Previously known as Headway, the company officially changed its name to Headway Inc in April 2025. Headway Inc is the developer behind Headway, the world’s most downloaded book summary app, Impulse, a top-ranked brain training app, and Nibble, an all-around knowledge app. Recognized by TIME, Global Silicon Valley, and Holon IQ, Headway Inc continues to transform the way people learn. For more information, visit: https://www.headway.inc 

About Horizon Capital

Horizon Capital is the leading private equity firm in Emerging Europe with $1.8 billion in AUM from investors with a capital base exceeding $700 billion. The firm’s investment strategy focuses on backing visionary entrepreneurs leading fast-growing businesses in Ukraine and Moldova (The Region). Horizon Capital-managed funds have invested in over 190 companies employing over 56,000 people. The firm has raised over $1 billion to invest in the Region over the past decade. For more information, visit: https://horizoncapital.com