Funding

Schoology raises $32M

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What does Schoology do?

Schoology, is a company which puts collaboration at the heart of learning management system. The company provides a user centric learning management system which makes it easy for creating and sharing academic content. This company is a CODiE award winning learning management solution which provides a rich, collaborative learning environment for engaging digital natives with technology they like using

How much Schoology funded?

Schoology raised $32M in Series D on November 10, 2015 Great Oaks Venture Capital, Intel Capital, Great Road Holdings, JMI Equity and FirstMark Capital.

Previous funding

  • $300k in Seed round on May 22, 2009
  • $2M in Series A on June 7, 2010 on Meakem Becker Venture Capital
  • $1M in undisclosed round on February 22, 2012
  • $6.8M in Series B on April 16, 2012 on Meakem Becker Venture Capital, Amish Jani and FirstMark Capital
  • $15M in Series C on June 24, 2014 from Intel Capital, Great Road Holdings, Great Oaks Venture Capital, Meakem Becker Venture Capital, FirstMark Capital and BDS Venture Fund

What is next for Schoology?

Schoology plans to use the new funding for making product engineering investments for increasing the scope and power of its education cloud, which connects the people, data, content and systems which fuels education. The company has also plans for expanding its distribution so that it can reach more districts, schools, colleges and universities around the world.

More about Schoology

Schoology was founded on May 1, 2009 by Jeremy Friedman, Tim Trinidad, Bill Kindler and Ryan Hwang. . The company has designed a versatile solution for meeting the learning and administrative needs of K-12, higher ed, and corporate settings.  The company allows individual subscriptions and school or district wide enterprise packages. The individual subscriptions enable schools to try the system in a small number of classrooms before deciding to implement it on a larger scale. Professors and teachers can sign up on their own for starting the system independently.

 

 

 

 

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