Stylus, a London, UK-based developer of an AI-powered service for the education sector to automate the marking and personalised feedback of paper-based assessments, raised £500K in funding.
The round was led by Sure Valley Ventures.
The company intends to use the funds to improve its existing infrastructure for scaling to meet high demand from schools and conduct controlled trials.
Led by CEO and Founder Dominic Bristow, Stylus provides an AI-marked, human-moderated feedback solution, LearnCycle, which addresses the recruitment and retention crisis in education by removing whole swathes of out-of-hours work associated with marking the assessments that students complete on paper. It uses a combination of narrowly focused and broad scope AI strategies to mark and analyse paper-based assessments at scale. These papers can be administered for entire year groups or individual pupils. Once completed, teachers scan the papers in bulk, which are then processed through AI-driven marking and accuracy optimisation, with freelance teacher markers moderating the work to ensure the quality of the feedback remains high.
FinSMEs
05/09/2024