Welcome!

News Feed Item

FreshGrade Secures $4.3 Million in Seed Funding from NewSchools Venture Fund, Emerson Collective, Accel Partners and The Social+Capital Partnership

FreshGrade facilitates better parent/teacher collaboration and student assessment by integrating how people use technology and communicate today

KELOWNA, British Columbia, Aug. 15, 2014 /PRNewswire/ -- FreshGrade announced today it has secured $4.3 million in seed funding from leading education and venture capital firms: NewSchools Venture Fund, Emerson Collective, Accel Partners and Social Capital. Designed by world-class developers in collaboration with teachers and parents, FreshGrade is an education resource for administrators, teachers, and parents allowing for maximum classroom engagement and real-time assessment by mirroring how people communicate and use technology today.

This Fall the Surrey School District, the largest school district in British Columbia and one of the largest in Canada, will implement FreshGrade as its standard reporting tool for the 2014-2015 school year.

"FreshGrade has done something unique in the edtech marketplace – they have built a single platform to align parents, students and teachers around a child's learning goals," said Jennifer Carolan, Managing Director, Seed Fund at NewSchools Venture Fund. "FreshGrade is rethinking assessment and communication in a way that takes advantage of the latest technologies to enrich how we support each child. We are thrilled to back this exceptional team."

"Emerson Collective seeks out visionaries who provide fresh solutions to age-old issues," said Brad Powell, Managing Director, Investments at Emerson Collective. "FreshGrade is doing just that by developing an education resource that encourages proactive engagement between teachers and parents. We know a high quality education requires a partnership between families and schools, and FreshGrade makes that partnership even stronger."

Founded in 2011, FreshGrade has undergone a rigorous development and testing progress as the founders seek to build a comprehensive, reliable and valuable resource for parents and educators.

"FreshGrade is designed to provide richer reporting and communication capabilities while cutting down on the amount of time required from teachers and administrators," said FreshGrade Co-Founder Steve Wandler. "Ultimately our vision is to be able to streamline lesson planning and assessment and allow administrators and teachers to spend more time working with students and communicating with parents."

"At the end of the day FreshGrade is about students, and how we can optimize the educational journey," said Lane Merrifield, FreshGrade Co-Founder who was one of the founders of social gaming platform Club Penguin. "My experience with Club Penguin showed me that a deeper understanding of how children are engaged with content, whether it is an online game or classroom material, can lead to more positive and rewarding growth for children."

Jordan Tinney, Superintendent of Schools & CEO, Surrey School District has reported that the feedback received so far regarding FreshGrade's ease of use and effectiveness is resoundingly positive. "Our teachers and administrators alike are reporting that our transition to using FreshGrade has been seamless," he said. "There is considerable excitement about the potential of this resource and how it can assist students and parents in better understanding and promoting learning and success."

About FreshGrade

FreshGrade was founded in 2011 by Lane Merrifield, Steve Wandler and Mark Payne, and is headquartered in Kelowna, British Columbia. Designed by world-class developers in collaboration with teachers and parents, FreshGrade is an education resource for teachers, parents and administrators that mirrors how people communicate and use technology today, opening a window into the classroom to ensure maximum student engagement and progress. Ultimately, FreshGrade's vision is to be able to curate educational content and resources for teachers that will streamline lesson planning and assessment and allow for more time spent working with students and communicating with parents. FreshGrade was named among edSurge's Top S'Cool Tools for Q2 2014 in June 2014. Learn more at www.freshgrade.com or follow FreshGrade on Twitter at @FreshGrade.

About NewSchools Venture Fund

NewSchools is committed to transforming public education through powerful ideas and passionate entrepreneurs so that all children — especially those in underserved communities — have the opportunity to succeed. Learn more at www.newschools.org.

About Emerson Collective

Emerson Collective supports social entrepreneurs and organizations working in the areas of education, immigration reform, social justice and conservation. By connecting talent to opportunity, and partnering with organizations, empowering individuals and advocating for fair and equitable social policies, Emerson Collective works to accelerate lasting change that will benefit us all. Learn more at www.emersoncollective.com.

About Accel Partners 

Accel Partners has been committed to helping exceptional entrepreneurs build lasting, category-defining technology companies since 1983. Utilizing a focused, "prepared mind" approach to investing, we partner with businesses that show potential for significant long-term success in specific sectors. Emphasizing synergy in our portfolio enables us to offer the advantages of a cohesive, cooperative Accel community, including access to an extensive network of past and present entrepreneurs. We know there is no one-size-fits-all approach to building a lasting company. As trusted peer, partner and confidant, we encourage our entrepreneurs to decide what their unique business requires to succeed. We help realize your vision with personalized, thoughtful and expeditious support. Learn more at www.accel.com.

About The Social+Capital Partnership

The Social+Capital Partnership ("Social Capital") is a partnership of philanthropists, technologists and capitalists utilizing venture capital as a force to create value and change on a global scale. The Partnership is based in Palo Alto, California. Website: s23p.com.

Media Inquiries:

Kathryn Kranhold
Edelman Public Relations
[email protected]
323-202-1477

SOURCE FreshGrade

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...