LearnSprout announced that it has raised a $4.2 million Series A from Formation 8, Samsung Ventures and Justin Tan, former president of Blackboard.
The round already closed in August 2013 and was announced today together with the launch of a new feature called College Readiness Dashboard.
Founded in 2012, LearnSprout aims to make it easy for stakeholders in K-12 to analyze student data and help them to identify at-risk students early on and fight chronic absenteeism. Since its official launch nine months ago, LearnSprout has analyzed data for more than 2,000 schools in 47 states and 9 countries
“making LearnSprout one of the fastest growing companies in K-12 education.”
according to a blog post by the startup’s co-founder & CEO Franklyn Chien.
The latest feature College Readiness Dashboard aims to provide high school counselors with easy and intuitive tools to monitor the college readiness of their students. Through the new dashboard
“counselors will have access to a live overview showing the total number of students in each grade level that are on-track, borderline or off-track for college.”
To make sure that students are on track for the different requirements of universities and colleges across the country the dashboard comes preconfigured with the requirements of each state. The College Readiness Dashboard is available free of charge from today on.
LearnSprout also announced that its platform is now integrated with Infinite Campus. The funding has already been used to grow the team over the past couple of months and will also help LearnSprout to add new features down the road. LearnSprout previously received Seed Funding as part of the Imagine K12 accelerator program.
- Three Big Announcements From LearnSprout | LearnSprout Blog
- Edtech Startup LearnSprout Takes In $4.2M To Unlock More Insights From Schools’ Data | TechCrunch