Name: +1 Math
Headquarters: New York, USA
Vertical: K-12, STEM
Tech: Web App, Mobile App
AltSchool, a collaborative community of micro-schools that aims to transform K-8 education in the United States, raised $100 million led by Founders Fund, Andreessen Horowitz and Silicon Valley Community Foundation with participation from Emerson Collective, First Round Capital, Learn Capital, John Doerr, Harrison Metal, Jonathan Sackler, Omidyar Network and Adrian Aoun.
Founded in 2013 by ex-Google executive and Aadvark founder Max Ventilla, AltSchool has raised over $133 million to date. Tuition costs around $19.000 per year.
Connecting classrooms across the globe via the Internet has become the new pen pal program, and initiatives like Skype in the Classroom and its instant translation feature are certainly leading the way in developed countries. But what about schools in areas that don’t have access to reliable Internet or even electricity?