Naiku raises $320k from multiple Minnesota angel investors

▤ Summary

Homegrown edutech startup Naiku has closed on $320k in angel capital from Omphalos, ‘Rainfund’ 3C and other local investors, according to CEO Corey Thompson. Naiku was launched earlier this year by Thompson, Adisack Nhouyvanisvong and Kevin Sampers to provide automated formative and summative assessment solutions that give teachers information to help students achieve their academic goals. Students can use their mobile devices (laptops, netbooks, iPads, iPods or Android) in place of traditional analog tests, saving valuable classroom time while improving measurability. The software is currently deployed throughout 12 districts that touch over 40,000 k-12 students across the state and regional expansion appears imminent. “You hear a lot about how hard it can be to fundraise in Minnesota, and being our first time, we definitely found it to be a wild ride.

▦ Linked Companies

Naiku, Inc.

$1M to $5M