What is Socrative?
Founded in 2010, Socrative provides formative assessment tools designed to enhance real-time student understanding and inform instructional adjustments. The platform aims to bridge the gap between teachers and students as learning unfolds, offering engaging and effective methods to gauge comprehension. With a user base of approximately 3.7 million educators globally, Socrative is dedicated to empowering teachers to optimize student learning outcomes through immediate feedback and adaptive teaching strategies.
How much funding has Socrative raised?
Socrative has raised a total of $750K across 1 funding round:
Angel/Seed
$750K
Angel/Seed (2013): $750K with participation from True Ventures and NewSchools Venture Fund
Key Investors in Socrative
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance, and a strong community to help build enduring technology and artificial intelligence driven companies.
NewSchools Venture Fund
NewSchools Venture Fund is a venture philanthropy organization focused on improving the education system by connecting people, resources, and innovative ideas. They invest in early-stage education innovators, having allocated over $400 million to impact 60% of the nation's public school students.
What's next for Socrative?
The recent major strategic investment signals a pivotal phase for Socrative, likely enabling further development of its formative assessment tools and expansion into new educational markets. This capital infusion is expected to fuel innovation, enhance platform capabilities, and potentially broaden its reach to a larger segment of the global teaching community. Socrative's continued focus on real-time learning analytics positions it for sustained growth and impact within the evolving landscape of educational technology.
See full Socrative company page
