FreshGrade Raises $11.6M Series A Funding

freshgradeFreshGrade, a Kelowna, British Columbia, Canada-based education platform for teachers, parents and students, raised an $11.6m Series A funding.

The round was led by Relay Ventures with participation from Reach Capital, Accel Partners and Emerson Collective.

The company, which has raised $15.9m in total funding, intends to use the capital to expand operations.

Co-founded in 2011 by Lane Merrifield and Steve Wandler, FreshGrade is an education resource for teachers, parents and administrators to communicate, ensure student engagement, and streamline lesson planning and assessment.
The solution allows teachers and students to capture learning artifacts from the classroom—including videos, pictures, audio recordings, links, documents and notes—and upload them to an online portfolio where parents, students and other teachers can access them. Teachers can also map learning objectives to assessments and activities to ensure lessons are focused and early intervention strategies can be created for struggling students.
It is currently used by more than one million teachers, parents and students in 70 countries worldwide and in all 50 U.S. states.

FinSMEs

10/05/2016

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