Engrade Raises $5 Million of Series B Funding
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Santa Monica, California – Engrade, an education platform which integrates people, tools, data, and curriculum in schools on one user-friendly platform has raised $5 Million of Series B Funding led by Javelin Venture Partners and backed by Rethink Education, Samsung Venture Investment Corporation, Kapor Capital, Expansion Capital and Ed-Mentor.
It is time for schools and districts to have a true platform, not a jumbled collection of tools that keep vital data locked up in separate silos,” said Jed Katz of Javelin Venture Partners. ”Teachers, administrators, students, and parents are now able to see in one place the full story of an individual’s academic performance and learning needs.”
The new capital will be used for the company’s nationwide expansion and for product development.
Funding Total: $5,000,000
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|Investors: Javelin Venture Partners, Rethink Education , Samsung Ventures, Kapor Capital, Expansion Venture Capital|