Socrative receives up to US$750,000 in its seed funding round
CEO and co-founder of Socrative Benjamin Berté confirmed that his company had raised US$750,000 in a seed funding round. The financing round was led by venture capital firms and angel investors. The investors include True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond, both LearnLaunchX co-founders. Socrative is a start up company that aims to bring new technologies that allows K-12 students and their teachers to engage more in classroom activities through games.
Mr. Berté confirmed the seed funding in an email to Boston Business Journal. "We've expanded our team from two to four FTE and have formed Fall Partnerships with many Massachusetts and national districts. It's an exciting time of functionality and design growth for us," he wrote.
According to the company, they identify their product as a "smart student response system which empowers teachers by engaging their classrooms with a series of educational exercises and games." The start up's software can be installed on laptops, tablets, and smartphones.