What is Remind?
Founded in 2011 and based in San Francisco, California, Remind operates as a private mobile messaging platform. Its core function is to facilitate communication within educational institutions, connecting teachers, parents, students, and administrators across K-12 schools, colleges, and universities. The platform aims to streamline communication channels, ensuring that important information is shared efficiently and effectively within the academic community. Remind's focus on educational communication positions it as a key player in the edtech sector, addressing a critical need for reliable and accessible messaging solutions in educational settings.
How much funding has Remind raised?
Remind has raised a total of $59.5M across 4 funding rounds:
Angel/Seed
$1M
Series A
$3.5M
Series B
$15M
Series C
$40M
Angel/Seed (2011): $1M with participation from First Round Capital
Series A (2013): $3.5M led by First Round Capital and Social + Capital Partnership
Series B (2014): $15M supported by Kleiner Perkins Caufield & Byers, The Social+Capital Partnership, and First Round Capital
Series C (2014): $40M featuring First Round Capital and Social Capital
Key Investors in Remind
First Round Capital
First Round Capital is a venture capital firm that invests in innovative startups across various sectors, focusing on supporting entrepreneurs and driving significant results with a notable track record of successful IPOs and acquisitions.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a venture capital firm that invests in early and growth-stage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support.
The Social+Capital Partnership
Social Capital is an investment firm focused on making significant investments in transformative ideas, innovative technologies, and talented individuals, aiming to create a positive impact through its investment strategies.
What's next for Remind?
The substantial enterprise-level funding and recent strategic investment indicate that Remind is poised for significant scaling and further development. This capital infusion is likely to be directed towards expanding its user base, enhancing platform features, and potentially exploring new markets or educational segments. The company's trajectory, marked by consistent financing rounds since its inception, suggests a strong growth phase. Future initiatives may include deeper integration with school systems, advanced analytics for communication effectiveness, and broader adoption across diverse educational levels, solidifying its position as a leader in educational communication technology.
See full Remind company page
