What is ClassTag?
ClassTag and ClassTag Connect are recognized as leading parent engagement platforms designed for schools and school districts. These platforms are engineered to enhance communication between parents, teachers, and school administrators through a comprehensive suite of tools that integrate seamlessly with Google Classroom. As the fastest-growing parent engagement platform for K-12 education, ClassTag serves over 25,000 schools and an estimated 5 million parents and teachers, facilitating more effective school-home connections.
How much funding has ClassTag raised?
ClassTag has raised a total of $8.9M across 3 funding rounds:
Angel/Seed
$3.6M
Other Financing Round
$5M
Debt
$282K
Angel/Seed (2020): $3.6M with participation from Contour Ventures, Smart Hub, Founder Collective, Newark Venture Partners, TMT Investments, and John Martinson
Other Financing Round (2020): $5M led by Newark Venture Partners, AlleyCorp, TMT Investments, John Martinson, Contour Ventures, Smart Hub, and Founder Collective
Debt (2021): $282K supported by PPP
Key Investors in ClassTag
Contour Ventures
Contour Venture Partners is a seed stage venture capital firm based in New York City, founded in 2005. The firm focuses on investing in innovative software solutions within the enterprise SaaS, vertical B2B SaaS, and financial services sectors.
Founder Collective
Founder Collective is a venture capital fund focused on seed and pre-seed investments, partnering with exceptional entrepreneurs from the idea stage to IPO. The firm emphasizes founder alignment and supports innovative startups across various sectors.
TMT Investments
TMT Investments is a global investment firm focused on early-stage technology companies across various sectors, including SaaS, Fintech, and Healthtech. The company has been publicly traded on AIM since 2010 and has a diversified portfolio that includes several successful exits and unicorns.
What's next for ClassTag?
The recent strategic investment signals a pivotal phase for ClassTag, likely enabling further expansion of its platform capabilities and market reach. This capital infusion is expected to fuel innovation in communication tools for educational institutions, potentially leading to enhanced features for deeper parent-teacher collaboration and administrative efficiency. The company's trajectory suggests a focus on solidifying its position as a dominant force in the EdTech landscape, with future developments likely centered on leveraging data analytics for personalized engagement and expanding its integration ecosystem.
See full ClassTag company page
