Knowledgehook Secures $1.25m in Financing

knowledgehook-logoKnowledgehook, a Waterloo, Ontario, Canada-based software for teachers to personalize their support of individual students, secured $1.25m in financing.

The round was led by Sayan Navaratnam of Aadya Capital and CEO of Connex Telecommunications and also includes investors Steve Case, co-founder of AOL, and John Abele, co-founder of Boston Scientific.

The company intends to use the funds to expand into global markets.

Founded in 2014, Knowledgehook provides software that surfaces what concepts students are struggling with, identifies why and suggests how teachers can support them. In 2016, Knowledgehook software made more than 6,000 recommendations on how best teachers could close gaps it identified in their students’ learning.
The company’s platform is used by teachers in more than 75% of Ontario school boards and in more than 300 school districts in the U.S.

FinSMEs

07/12/2016

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