HomefundingAxiom Education Receives $300K

Axiom Education Receives $300K

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Axiom Education LLC, a Shelton, Conn.-based company that provides educational institutions, both higher education and K-12, with a solution to manage assessment of student learning outcomes, has received $300k in funding.

Backers include Connecticut Innovations, which has committed $150,000 through its Pre-Seed Fund, as well as an individual investor, who provided the matching amount of funding.

The company intends to use the capital to continue product development and sales and marketing activities.

Led by co-founder and CEO Chett Rubenstein, Axiom Education has developed a Web-based course and learning outcomes assessment platform. Its software-as-a-service (SaaS) solution, called Mentor, helps educational institutions monitor learning outcomes and report outcomes and course assessments to accrediting agencies. Mentor integrates course management, learning objectives, curricula, assignments and portfolios with assessments for accrediting agencies. Additionally, there are modules that assist with faculty activity reporting, student course evaluations, Institutional Review Board protocol review, grants and general surveys and testing.
The platform is currently in use at Fairfield University, where it was developed. Other Mentor users include: Loyola University, Marymount University, Elon University, University of San Francisco and Easton Country Day School.

FinSMEs

25/06/2012

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