Tract, a San Francisco, CA-based online community where kids teach kids through multimedia, raised $7M in Seed funding.
The round was led by NEA with participation from Bill Tai, Anne Wojcicki, Susan Wojcicki, Marc Pincus, and Dan Rosensweig. Additional investors include Moving Capital, Oceans Ventures, Global Founders Capital, Bessemer Venture Partners, K50 Ventures, G9 Ventures, Graph Ventures, Alumni Ventures Group, Minerva, and Correlation Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded in 2020 by Esther Wojcicki, and Ari Memar, Tract allows kids to learn, create, share, and teach through video in its safe, moderated online community. In its first year, Tract attracted 30,000 members who posted 5,000+ lessons that resulted in 100,000+ projects. Teachers can bring Tract into their classroom to make any subject area more fun, real-world relevant, and kid-centric. The platform integrates with Google and Clever for sign-in and account management, and teachers can set up their classroom quickly to begin assigning ready-made project plans directly from their LMS.
Tract is announcing that it will be free for educators and releasing its first collection of 5 project-based, standards-aligned guides across Math, English Language Arts, Science, Social Studies, and Art that have been collaborated on by kids, experts, and influencers.
It currently has members spanning over 20 countries and nearly all 50 states.
FinSMEs
14/09/2022