Monday, July 22, 2024
HomeFunding Kyron Learning Secures $14.6m in Series A Funding Round

[Funding alert] Kyron Learning Secures $14.6m in Series A Funding Round

Kyron Learning Raises $14.6M in Series A Funding Round With participation from Owl Ventures, ECMC Group Education Impact Fund, Common Sense Growth Fund, Charter School Growth Fund, Cambiar Education, LearnerStudio, Imagine Learning and Array Education, the round was led by Global Silicon Valley (GSV) Ventures.

Read also – [Funding alert]Digital Health Strategies Raises Series A Funding

Kyron Learning will utilize its most recent Series A financing to open up access to its AI-powered learning platform to all learning solution providers. With the use of artificial intelligence (AI), the platform’s interactive video lessons transform what was previously a one-way monologue into an engaging two-way dialogue that feels much like a live tutoring session.

Read also – [Funding alert] Cytonus Therapeutics Raises $11.7 Mn in Series A Round

“Kyron is an excellent partner to provide math resources for teachers and students,” says John Davis, Chief of Schools at Baltimore City Public Schools. “Their lessons utilize excellent teachers aligned with state standards in an AI environment. They consistently want and act on feedback, strive to make their lessons teacher and student friendly, and are open and thoughtful with how AI is being implemented in a classroom environment.”

Furthermore, Kyron Learning reports that it has been awarded a $850,000 grant by the Bill & Melinda Gates Foundation to expand its K-12 Math curriculum and investigate the effectiveness of interactive video as a teaching tool in classrooms.

Read also – [Funding alert] AssemblyAI Raises $50M in Series C Funding Round led by Accel

“We’ve learned so much developing our 4th grade math offering, which is now deployed in over 35 schools for the 2023-24 school year. 95% of the teachers using it in their classrooms would recommend it to their fellow teachers. But we’ve always known that the key piece of that solution is the powerful AI-based learning platform underneath it, which could easily be used in other learning domains that we ourselves had no intention of building content for,” says Rajen Sheth, CEO of Kyron Learning. “With this announcement, we’re opening the Kyron Learning platform up to other learning solution providers so that they can leverage the same cutting-edge AI technology that we’ve developed for ourselves. We have been working with early customers in the K-12, Higher Ed, Tutoring, and Professional Skilling spaces, and are excited how they are leveraging the Kyron Learning platform to augment their offerings.”

Read also – [Funding alert] Polaris Electro-Optics Raises $3 Mn Seed Round to Revolutionize Optical Interconnects

“We are excited to once again be partnering with Kyron Learning and see a great opportunity to put AI-based learning capabilities into the hands of great instructors and learning solution providers,” says Deborah Quazzo, Managing Partner at GSV Ventures. “Kyron has assembled a great team, and their approach of utilizing real instructors in combination with AI is unique. We’re bullish on what they and their customers are doing with the Kyron Learning platform, and can’t wait to see these learning solutions in the market.”

Read also – ParentSquare Acquires Remind, Expanding Options for School-Home Engagement

About Kyron Learning

Education industry focused Kyron Learning was founded in September 2022 with the goal of giving all students fair access to excellent teachers. Kyron Learning is a platform that employs AI to facilitate communication between the teacher and student while delivering educational information via interactive video. Kyron also has offices in Boston and Seattle. In addition to its headquarters in San Francisco. Prominent instructors and seasoned executives from Google and Amazon make up the team. Kyron Learning Scale employs conversational AI to elevate the best educators globally.

Read also – PerkinElmer Acquires Covaris to Create Global Life-Sciences and Diagnostics Platform

- Advertisement -
- Advertisment -

Most Popular