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KELOWNA EDTECH STARTUP FRESHGRADE RAISES $4.3 MILLION SEED ROUND
August 18, 2014
Kelowna-based edtech startup FreshGrade has raised a $4.3 million seed round led by NewSchools Venture Fund, Emerson Collective, Accel Partners and Social Capital.
Designed by developers in collaboration with teachers and parents, FreshGrade is an education resource for administrators, teachers, and parents allowing for maximum classroom engagement and real-time assessment. The company said it does this by “mirroring how people communicate and use technology today.”
Founded in 2011, FreshGrade said its tool underwent a “rigorous development and testing progress” as the founders built a reliable and valuable resource for parents and educators.
“FreshGrade is designed to provide richer reporting and communication capabilities while cutting down on the amount of time required from teachers and administrators,” said cofounder Steve Wandler. “Ultimately our vision is to be able to streamline lesson planning and assessment and allow administrators and teachers to spend more time working with students and communicating with parents.”