KnowRe, a New York and Seoul, Korea-based education tech startup, raised $6.8m in funding.
The round was led by SoftBank Ventures Korea with participation from KTB Network Co., SparkLabs Global Ventures.
The company intends to use the funds to scale its distribution in the US and further product development and offerings for the US, Korea, and broader Asian markets.
Officially launched in March 2014 by David Joo and YJ Kim, KnowRe provides a cloud-based adaptive learning program for secondary mathematics. The solution assesses a student’s strengths and weaknesses, algorithmically creates a personalized curriculum targeting that individual’s gaps in learning, and engages students through gamified learning. Its Teacher Dashboard provides teachers with data on each student’s progress and highlights where an individual, or the entire class, may be struggling.
FinSMEs
22/10/2014