Adaptive learning platform Smart Sparrow raises $10M

Funding Rounds

Summary

The company has raised a $10 million round of funding to put that plan into action, it was announced on Thursday, led by London-based investment advisory firm, Yellow Brick Capital, along with existing investors One Ventures and Uniseed, who has previously invested $2 million into the companys Series A. Other elearning companies that claim to be adaptive simply pick from a gigantic pool of questions, he aid, and then sequence them on whether they are harder or easier. The platform offers educators a suite of tools to create interactive content that they can control, and change, based on the needs of their specific class. Not only does this empower the educators to design their programs based on their needs, it also allows them to create it for classes that they previously might have though impossible to teach online. With Smart Sparrow, for example, an educator can teach nursing online by giving students an interactive patient to work on.

$ Funding

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Amount $2.0M Total raised
Date January 1, 2011 Announcement date
Investors Uniseed Ventures, OneVentures, Yellow Brick Capital Advisers (UK) Limited Lead investors
Company http://www.smartsparrow.com Funded company

Classifications

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Business Intelligence

AskAI Classifications

Labels
Educational Technology E-Learning Software Adaptive Learning Platforms

Linked Companies

Smart Sparrow
$1M to $5M