What is ThinkCERCA?
Founded in 2012 and headquartered in Chicago, Illinois, ThinkCERCA provides comprehensive literacy courseware designed for students from elementary through high school. The company's platform aims to enhance critical thinking and reading comprehension skills through engaging and adaptable educational content. ThinkCERCA's commitment to improving literacy outcomes positions it as a key player in the ed-tech landscape, addressing a fundamental need in modern education.
How much funding has ThinkCERCA raised?
ThinkCERCA has raised a total of $26.6M across 7 funding rounds:
Angel/Seed
$1.5M
Series A
$3.2M
Debt
$3M
Private Equity
$7.5M
Series B
$10.1M
Debt
$350K
Debt
$968K
Angel/Seed (2014): $1.5M with participation from Abundant Ventures LLC
Series A (2015): $3.2M led by Jason Henrichs, Math Venture Partners, Great Oaks Venture Capital, Amicus Capital Partners, Chuck Templeton, and Follett Knowledge Fund
Debt (2016): $3M, investors not publicly disclosed
Private Equity (2017): $7.5M, investors not publicly disclosed
Series B (2017): $10.1M backed by Plum Alley and TAL Education Group
Debt (2020): $350K with participation from PPP
Debt (2021): $968K led by PPP
Key Investors in ThinkCERCA
Great Oaks Venture Capital
Great Oaks Venture Capital is an early-stage investment firm that supports founders building transformative companies across various sectors, with a focus on software, healthcare, financial services, marketplaces, and enterprise solutions.
Amicus Capital Partners
Amicus Capital Partners is a private equity investment firm based in Chicago, Illinois, specializing in buyout, recapitalization, and growth equity transactions within the healthcare sector.
Plum Alley
Plum Alley Ventures is a venture firm that invests in breakthrough technologies aimed at improving the world, focusing on providing access to well-vetted investment opportunities for diverse investors.
What's next for ThinkCERCA?
With substantial backing, ThinkCERCA is poised for accelerated growth and product innovation. The recent major strategic investment suggests a focus on scaling operations, expanding market reach, and potentially developing new technological solutions to further personalize the learning experience. The company's trajectory indicates a strong emphasis on leveraging its educational technology to meet evolving pedagogical demands and solidify its position as a leader in literacy education.
See full ThinkCERCA company page
