Over the next 14 weeks, our friends at Dreamit will guide 7 EdTech companies through customer introductions, mentorship, and coaching culminating in a two week investor roadshow for their Fall accelerator program. Dreamit has shifted to typical accelerator model to better serve later stage startups and recently introduced 3 week customer immersions where these edtech startups will be visiting notable educational organizations such as Blackboard, Edison Schools, Drexel, and iZone. The Dreamit alumni network includes 250+ companies including SeatGeek, Ruvna, SlideBean, and Parse.ly.
CLICK HERE TO SEE THE 7 EDTECH STARTUPS THAT YOU NEED TO KNOW THIS FALL
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MPOWER Financing
Founded in 2014 by Emannuel Smadja and Michael Davis in Washington DC, MPOWER Financing is a marketplace for student loans for international and underserved students where private investors and institutions can invest directly into student’s future. Loan funds are disbursed directly to the institutions and they also includes personal finance courses, credit building tips, and career guidance services free of cost.
The company has previously raised $4M in seed founding in the fall of 2015 from 1776, Baltimore Angels, VilCap Investments, and Village Capital.
PenPal Schools
Founded in Brooklyn in 2012, PenPal Schools is a MOOC that allows students ages 9 and up to connect from all over the world through high quality online curriculums. The courses are structured to focus on language learning, culture, and global issues so that the pen pal experience is more rewarding via different perspectives. The platform already connects over 100,000 students in more than 170 countries with 10,000+ teachers on the platform as well.
The company previously raised a seed round of an undisclosed amount from 13 investors including Capital Factory.
PikMyKid
Founded in Tampa in 2013 by Saravana Pat Bhava and Chitra Kanagaraj, PikMyKid is platform that allows parents to manage the school dismissal platform their phone. It also provides administrators the ability to manage the process from an operational standpoint. Lastly, the platform contains security measure to ensure that the right child is going into the right form of transportation (bus, car, carpool, etc.).
The company just announced a $1M seed investment from The Fan Fund and Florida Funders earlier this month.
T3 interactive
Founded by Tim Wikstrom, Tom Regan, and Tammy Palazzo in 2013 in New York, T3 Interactive is a training software to develop communication and presentation skills. The software uses sensors to provide quantitative feedback along with tracking to monitor progress.
The company has already raised $590K since its founding.
Learnmetrics
Founded in 2012 by Brian Dellabetta, Julian Miller and Matt Duch in Chicago, Learnmetrics is a data analytics company that provides educational institutions the tools to improve outcomes, manage operations, and achieve organizational goals. The company has previously $150K in seed funding,
Wrainbo
Founded by Duke Wong and Naresh Panda, Wrainbo is learning platform that integrates mobile gaming with data driven assessment. The company is creating a fun way to build business acumen while providing practical job skill training.
Chalk.com
Founded in 2012 by William Zhou, Suraj Srinivas, and Ryan McKay Fleming in Ontario, Chalk.com is an organizational and planning tool for educators and administrators. For schools, administrators are directly able to communicate curriculum needs directly into a teachers plans and workflows. The platform already has over 180k teachers on the platform and 60 customers.
The company has previously raised a $500K seed round in early 2015.