NextLesson Raises $2.9M Convertible Note Seed Financing

NextLesson, a San Francisco, CA-based K-12 developer of personally relevant curriculum, raised $2.9m convertible note seed financing.

Participants in the round include:
– Marc Benioff, Chairman and CEO of Salesforce
– Michael Birch, CEO and Co-Founder of Bebo
– Drew Houston, CEO and Co-Founder of Dropbox
– Thomas Layton, Executive Chairman of Upwork, Former CEO of OpenTable
– Marissa Mayer, CEO and President of Yahoo!
– Jeremy Stoppelman, CEO and Co-Founder of Yelp, and
– Nirav Tolia, CEO and Co-Founder of Nextdoor

NextLesson will use these funds to accelerate school district sales nationwide, expand its interactive platform and grow curriculum coverage.

Founded in 2013 by Dion Lim, CEO, NextLesson is a K-12 developer of personally relevant curriculum utilized by 2 million students and 50,000 teachers in school districts across the country. The company offers teachers 8,000 standards-aligned projects and lessons that are relevant, rigorous and based on real world scenarios.
It recently released InterestID, a free student interest discovery tool which highlights lessons tied to students’ top interests.

FinSMEs

02/09/2015

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