Pressto, a New York, and Halifax, Canada-based EdTech startup, raised $1.5M in Pre-Seed funding.
The round was led by Tidal Venture Partners with participation from Copper Wire Ventures as well as angels including Isa Watson, Wray Thorn, Dan Carroll, Ann Berry, Jacob Zachs, Chris Yeh and Alex Rappaport.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by Founder, Daniel Stedman, Pressto provides a proprietary technology platform that makes learning to write fun for kids. The SaaS platform’s proprietary tools teach educational skills, along with critical thinking and media literacy, helping kids to differentiate between fact and opinion, leaving young people less susceptible to the manipulations of social media and propaganda. The newspaper builder gets students doing, the educational skills get students learning, and the cognitive behavior therapy gets students understanding.
Pressto’s primary focus is engaging with schools as a supplemental tool that fits any curriculum, and can be implemented across any subject area. The platform is currently part of a pilot program with the New York Department of Education reaching over 30,000 students throughout the city and also extends beyond the classroom so that parents and children can utilize it on their own.