# eSpark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/espark

- Industry: Education/Training
- Headquarters: Chicago, US
- Website: esparklearning.com
- Total disclosed funding: $5.7M
- Latest round: Series B (May 1, 2015)
- Investors on record: 5

## About

eSpark, Inc. is an educational technology company focused on providing personalized learning solutions designed to enhance math, reading, and writing instruction for K-5 students through AI-driven activities and real-time feedback.Founded by Branson Jones, David Vinca, Joshua Rawe, and Wrex Ryan, eSpark Learning operates out of Chicago, US. The company has undergone strategic developments to refine its offerings and has received a total funding of USD 25 mn. The most recent funding round occurred on January 5, 2022, when eSpark Learning raised USD 25 mn from Quad Partners.eSpark Learning specializes in providing personalized educational technology solutions aimed at enhancing math, reading, and writing instruction for K-5 students. The company’s core offerings include AI-powered learning activities that adapt to each student’s skill level and interests, thereby facilitating unique learning experiences tailored to individual needs. These activities provide real-time feedback, helping students identify their mistakes and understand the correct answers, thereby fostering engagement and motivation in learning. eSpark serves a diverse client base, including teachers and school administrators across various U.S. regions, such as North Carolina, Louisiana, Illinois, Nebraska, and Michigan. The platform is designed to support differentiated instruction in classrooms with varying skill levels, making it an essential tool for educators striving to meet the needs of all learners.eSpark Learning operates primarily through a subscription-based revenue model, allowing schools and educators to access its educational platform for a specified fee. This model facilitates continuous engagement, as users subscribe to access personalized learning paths and resources for their students. While specific pricing plans are not disclosed, the company offers different tiers of service, catering to a range of school budgets and needs. Revenue is generated from partnerships with educational institutions, allowing for broader distribution and integration of eSpark’s tools into existing curricula. The company’s flagship offerings include interactive activities and assessments designed to enhance guided reading and math instruction, further solidifying its position in the educational technology market.In January 2022, eSpark Learning raised USD 25 mn in venture funding from Quad Partners. The company will utilize this funding to hire for several remote positions, including engineers and product managers. Future growth plans include the development of new products that aim to further enhance personalized learning experiences, although specific product launch timelines have not been disclosed. Additionally, eSpark is targeting expansion into new geographical regions to increase its market presence and reach more educational institutions.

## Funding rounds

- Series B, May 1, 2015 — Reach Capital
- Series A, Sep 3, 2012, $5.7M — MK Capital, 500 Global, NewSchools Venture Fund, Learn Capital
- Seed, Oct 31, 2011 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- MK Capital (https://capitalatlas.ai/funds/mk-capital) — Series A
- NewSchools Venture Fund (https://capitalatlas.ai/funds/newschools-venture-fund) — Series A
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A
- Reach Capital — Series B