ThinkCERCA Raises $10M in Series B Funding

ThinkCERCA, a Chicago, IL-based provider of technology for students to learn critical thinking in the classroom, raised $10m Series B funding round.

The round was led by Intuit Co-founder, Scott Cook, and his wife Signe Ostby, founders of the Valhalla Charitable Foundation, with participation from Plum Alley Investments, Great Oak Venture Partners, Amicus Capital, Esther Wojcicki, Jeff Weiner, TAL Education Group and Follett Knowledge Fund. As part of the Series B raise, ThinkCERCA announced that Tom Chi, a former Google X co-founder and world-renowned inventor, has joined the board.

The company intends to use the funds to continue to expand its business reach.

Led by Eileen Murphy, Founder and CEO, ThinkCERCA provides a technology platform that gives teachers the tools to teach 4th-12th grade students critical thinking through the use of argumentative writing, track student progress in real-time and personalize instruction across subject areas.
The company’s platform is already used by principals and district leaders in 36 states to prepare students for new high-stakes tests that measure both career and college readiness.

FinSMEs

05/10/2017

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