MagicSchool AI, a Denver, CO-based technology platform for K-12 educators and students, raised $15M in Series A funding.
The round was led by Bain Capital Ventures. Additional investors included Adobe Ventures and Common Sense Media, as well as angel investors like Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia, and OutSchool co-founder Amir Nathoo.
The company intends to use the funds to support the development of more use cases for AI in education. MagicSchool AI will continue to expand tools available to teachers and students, as well as grow headcount. MagicSchool AI will also continue to expand its product, building on existing capabilities like generating lesson plans, classroom activities, rubrics, and personalizing instruction.
Led by CEO and Founder Adeel Khan, MagicSchool AI is a generative AI platform for educators and students, purpose built for responsible usage in schools. MagicSchool for Teachers provides over 50 tools to help teachers with things like quiz generation, text leveling, lesson plans, and word problem generation. MagicSchool for Students is an AI platform designed to build AI literacy for students. The AI platform for education is used by over 2 million educators via partnerships with 3,500+ schools and districts worldwide, including Atlanta Public Schools, Aurora Public Schools, Seattle Public Schools, High Tech High, Choate Rosemary Hall, KIPP Chicago Public Schools, and Sidwell Friends.
FinSMEs
28/06/2024