Headquarters: New York City, USA
Vertical: Professional Development, Skills Assessment, Lifelong Learning
Tech: Web App
MasteryConnect which provides teachers with a suite of assessment products acquired Socrative, a startup that creates tools for classroom engagement, for $5 million in cash and stock.
Both startups took part in the imagine K12 incubator program and have NewSchools Venture Fund as their investor. MasteryConnect raised $9 million to date, Socrative $760k.
ShowEvidence which offers an SaaS platform for performance assessment has received an undisclosed amount from The Follet Knowledge Fund.
The startup previously received $500k in Partial Close funding.
Smarterer, a platform that tests and scores job seekers on the tools they use every day through crowdsourced tests raised a $1.6 million led by Rethink Education with participation of True Ventures, Boston Seed Capital and Deborah Quazzo.
This latest round brings the total funding raised to $4.6 million. Rethink Education Managing partner Rick Segal will join Smarterer’s board of directors.
Just before my holidays in Istanbul I had the pleasure of talking with Corey Thompson, co-founder and CEO of Naiku which translates to “teacher” in Indonesian.
Naiku empowers teachers to asses each individual student’s progress and thus teach their class more effectively by providing them with innovative technology and assessment tools.
The students also get more engaged in the actual learning process as they are able to rate their own answers given in a test by level of confidence, whether they knew the answer or simply guessed it.
Naiku wants to bring innovation to educational assessment and implement technology and mobile solutions in a meaningful, so that everyone involved will benefit from higher achievement which will eventually lead to a transformation in our traditional education system.
At the beginning, Corey and I talk about their initial motivation of founding Naiku and how new assessment can lead to transformation in the education system but the second part of the interview is hands-on and Corey demos what Naiku is able to do and how it works from both the teacher and student side.
I believe this to be a very relevant topic for anyone working in or with public education and I hope that Naiku’s success will be part of a bigger disruption going on this part of the educational system.
You can of course go beyond EDUKWEST and explore Naiku on their website Naiku.net or even sign up to test it.
|Naiku on Twitter:||@NaikuInc|
|Corey Thompson Twitter:||@coreythompson|
|Corey Thompson LinkedIn:||Corey Thompson|