ThinkCERCA, a Chicago, IL-based provider of software for educators to differentiate instruction for English, science and social studies, raised $3.2m in Series A funding.
The round was led by the Follett Knowledge Fund, with participation from Math Venture Partners, Amicus Capital, Great Oaks Venture Capital and Chuck Templeton.
The company intends to use the funds to begin adding new features to its platform, including resources for district-level administrators.
Led by Eileen Murphy Buckley, founder and CEO, ThinkCERCA provides a web-based school-wide online educational resource designed to prepare students for college and career by supporting them in building analytical reading and writing skills across subject matter. Currently, its subscription version is used by 215 schools and 50,000 students in 25 states, while the free version reaches 17,000 classrooms serving 115,000 students across all 50 states and 112 countries.
The company graduated from the inaugural class of the Impact Engine Accelerator in December 2012 and won the Bill & Melinda Gates Foundation Literacy Courseware Challenge in July 2013.
ThinkCERCA and Follett Corporation also signed a strategic partnership to expand access to web-based academic reading and writing instruction for students everywhere.
FinSMEs
13/03/2015