Press4Kids Closes $1M Seed Financing

P4K_logoPress4Kids, a NYC-based publisher of daily digital news publications for elementary and middle school kids, closed the second half of a seed financing round totaling $1m.

Backers included private investors and entrepreneurs directly involved with the education market.

The company intends to use the funds to scale the use of News-O-Matic, School Edition in classrooms across the nation and to develop additional tools for teaching and assessment.

Press4Kids Founded by Lillian Holtzclaw Stern and built by dedicated journalists, educators, and entrepreneurs, Press4Kids publishes News-O-Matic, a daily news application for kids, which combines nonfiction literacy and gamification to produce interactive learning experience. Its dedicated School Edition provides a Teacher’s Guide, which correlates articles to the Common Core State Standards and differentiates the reading levels within the edition.
News-O-Matic is distributed through schools and homes with a goal of reaching the 38m students attending one of the 111k U.S. elementary schools.

FinSMEs

10/04/2014

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