What is Showbie?
Founded in 2012 and headquartered in Edmonton, Canada, Showbie provides a comprehensive cloud-based assessment and feedback platform designed to streamline the interaction between educators and students. The company expanded its service ecosystem in 2018 through the acquisition of Socrative, a move that integrated advanced online quizzing and testing capabilities into its core offering. By focusing on the intersection of pedagogical efficiency and digital infrastructure, Showbie has established itself as an essential tool for institutions navigating the complexities of remote and hybrid learning environments. Its market position is defined by a commitment to user-centric design and seamless integration with existing classroom hardware, making it a preferred solution for schools seeking to digitize their feedback loops.
How much funding has Showbie raised?
Showbie has raised a total of $14.8M across 2 funding rounds:
Angel/Seed
$2.3M
Series A
$12.5M
Angel/Seed (2015): $2.3M with participation from Yaletown Venture Partners, Imagine K12, and Point Nine
Series A (2021): $12.5M led by ATB Private Equity, Rhino Ventures, Point Nine, Azure Capital Limited, and RBC
Key Investors in Showbie
Point Nine
Point Nine is a specialized venture capital firm that focuses on early-stage investments in B2B SaaS and B2B marketplaces, providing critical support to high-growth technology companies.
Yaletown Venture Partners
Yaletown Partners focuses on transforming industries through technology investments that foster sustainable and impactful change, specializing in driving growth for emerging technology companies.
Imagine K12
Imagine K12 is a Silicon Valley-based accelerator and investment firm dedicated to funding and mentoring startups that are innovating within the K-12 education technology space.
What's next for Showbie?
With the successful completion of this major enterprise-level funding, Showbie is well-positioned to accelerate its product roadmap and deepen its market penetration. The strategic capital will likely be deployed to enhance the platform's analytical capabilities and expand its footprint in international markets. As the EdTech sector continues to evolve toward more data-driven instructional models, Showbie's focus on feedback-centric software provides a strong foundation for long-term value creation. The company is expected to leverage this financial backing to refine its B2B SaaS offerings, ensuring that its suite of tools remains at the forefront of educational innovation while maintaining its commitment to supporting teachers and students globally.
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