IGNITE! Reading Announces $10m Series A Financing To Meet Accelerating School Demand For Its Virtual 1:1 Literacy Tutoring Program
Summary
The funding will be used to add more world-class professionals to Ignites leadership team, invest in its technology platform, and enable the company to scale its program to meet accelerating demand from schools and districts nationwide.Ignite is helping K-12 schools reverse pandemic-related learning losses by providing struggling readers with 15 minutes a day of one-on-one virtual instruction by tutors trained in the Science of Reading. Laser-focused on making sure every child has the foundational skills to read on time, Ignite is an extraordinary tech-forward tutoring program that consistently over-delivers on expectations, said Matt Greenfield, Managing Partner of Rethink Education.By leveraging technology, data-driven instruction and individualized 1:1 tutoring, Ignite is making it easy for schools to implement the Science of Reading-based literacy instruction states now require to address the fact that 67% of fourth graders cannot read at grade level, said Evan Marwell, Co-Founder of Ignite! Schools love that Ignite enables them to immediately shore up students foundational reading skills gaps without waiting for the lengthy change management process needed to retrain teachers and switch curriculum. Ignites data-driven approach, provided by caring and skilled tutors, gives kids the know-how and confidence they need to thrive as fluent readers. Reading program, delivered 15 minutes per day during a schools literacy block, takes the burden of differentiated instruction off of teachers and has an impact immediately.