San Francisco startup ClassDojo revealed it raised $21 million in venture funding for its technology that produces ground up education changes for teachers, parents and students.
General Catalyst led the company’s Series B round and new investors were made up of GSV, Reach Capital and SignalFire.
Hermant Taneja, General Catalyst Managing Director commented in a statement that he sees ClassDojo’s user growth comparable to a social network platform, such as Facebook, even though it is developed for education.
The 25-employee startup, which was established in 2011 by cofounders Sam Chaudhary and Liam Don, has raised $31 million in venture funding to date. See additional info on businessinsider.com.
According to the cofounders, the funding will bring into play new content and attributes for not only the school day but also for home use as well as expand the company’s team.
The founders pointed out while there are similar offerings in the market, their app stands out as it is a user friendly app that creates a positive culture and community between all its participants.
Operating on all devices, including computers, phones and tablets, future features could make it possible for parents to pay schools using their phones for field trips, supplies or meals.
ClassDojo, which builds the exchange of ideas between teachers, parents and students, is actively used in 90 percent of K-8 schools in the US and in more than 180 countries. More of this on inc.com.
The company has been awarded the TechCrunch Crunchie Award for Best Education StartUp 2015, Inc. 30 Under 30 For Education, 2015 and more.