Engrade Grabs $3M From Wireless Generation Co-founder To Help Teachers Manage Their Classrooms
Summary
As a high school student in 2003, Bri Holt found himself increasingly frustrated by the fact that there was no easy way for he and his classmates to view their grades online. Since 2003, Engrade has grown its user base to 4.5 million teachers, admins, parents, and students in all 50 states, and 150 countries, with institutional customers that include the New York City Department of Education and KIPP Charter Schools. Instead, Holt tells us, Engrade has turned to schools and districts to generate revenue, which generally speaking have much more sizable budgets for purchasing ed software. The goal is to be enable all those who make educational decisions, in each part of the chain, to have better access to the information through which they can identify problems earlier, which students are absent, at risk, etc. But with a workable, easy-to-use free option to bring teachers in, and a robust enterprise-grade platform to lock in paying schools and districts, Engrade thinks it’s onto a winning model.