Kitchener-Waterloo-based EdTech startup, Knowledgehook has raised $20M in a Series A round of funding held in October 2020. The round was led by a London-based EdTech investment fund whose name was not disclosed. Other contributors in the Series A round included Mesoamerica’s Alexandria Corp., Nelson Education, Ideal Ventures, and Nicoya Ventures.
Travis Ratnam, Arthur Lui, Lambo Jayapalan and James Francis founded Knowledgehook in 2016. The EdTech startup provides an all-inclusive artificial intelligence-driven mathematics learning platform to students. Its technology uses data to monitor the entire learning journey of the student. Its educational program delivers real-time insights on student learning gaps, enabling the teachers to develop their understanding of the math concepts correlated to their students’ challenges and also track the progress of their students. Teachers have access to content corresponding to their jurisdiction’s syllabus (counting US Common Core, Texas, UK, Mexico and Ontario) available in English, French and Spanish.
Knowledgehook works directly with schools and also collaborates with agencies and departments of education to provide syllabus-related solutions. It currently empowers teachers across 100K schools and by 2021, aims to spread its solution’s reach to 50 million students globally. It has even secured partnerships and investments from prestigious global education brands, such as Nelson, Radix, Spectrum, Eastpoint, Nasco Education and the University College of London, the universal leader in education research.
The startup was declared as the winner of Google’s Game Changer Award and named the Top Disruptor by BNN. It strives to bridge the learning loopholes between classroom teaching and at-home learning.
CEO Travis Ratnam was quoted to have said, “Now more than ever, we know that teachers and parents both play an essential role in helping children learn. The pandemic has heightened the need for digital solutions that focus on building teacher capacity to deliver high-quality math instruction both in classrooms and in remote learning environments. Knowledgehook, designed to empower educators, is this next generation of EdTech.”
Knowledgehook had secured $1.25M from Sayan Navaratna, Steve Case and John Abele in a seed funding round held in 2016.
About Nelson Education
Nelson Education Ltd. is Canada’s prestigious educational publisher providing trailblazing products and solutions for learners of all age groups. Apart from its English language publishing, Nelson also supports French Language learning markets through Groupe Modulo, its Quebec-based publishing business. Nelson Education Ltd. is owned by OMERS Capital Partners and certain funds of APAX Partners and shares a solid relationship with Cengage Learning.
It values and respects the enduring learning continuity in a child’s life and aims to develop the diverse learning needs of students and educators alike.
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