Kidaptive, a US-based developer of a personalised learning system for children spun out from Stanford University, closed a $19.1m series C round yesterday co-led by educational publisher Woongjin ThinkBig and VC firm Formation 8.
Founded in 2011, Kidaptive has created a cloud-based adaptive learning platform that brings together data from different learning-based sources so that a student’s progress can be assessed more effectively.
The system also enables learning targets to be set so they increase student engagement. It will use the series C funds to add a range of machine learning-based tools to the platform.
Kidaptive began raising the series C funding in 2015, a regulatory filing indicates. Formation 8 had led its $10.1m series B round in 2013, investing alongside the Stanford-StartX Fund, visual effects creator Prana Studios, Menlo Ventures and NewSchools Venture Fund.
Menlo Ventures had led Kidaptive’s series A round, which closed at $1.35m in 2013 according to a securities filing, and which included Prana, CrunchFund, Veddis Ventures, S-Cubed Capital, VKRM Ventures and iCamp.
Kidaptive’s backers also include Cambridge University, the company said, though further details could not be ascertained.
PJ Gunsagar, co-founder and chief executive of Kidaptive, said: “Big data for learning is finally beginning to take off thanks in part to our pioneering efforts in this area.
“And our partnerships are ramping up as companies realise they must give contextual meaning to the torrent of data coming in and create personalised experiences for their learners.”
– A version of this article first appeared on our sister site, Global Corporate Venturing.
