# Ignite Reading, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ignite-reading-pbc

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.ignite-reading.com
- Total disclosed funding: $10M
- Latest round: Series A (Jan 17, 2023)
- Investors on record: 4

## About

Founded in 2019 and based in California, US, by Evan Marwell, and Jessica Sliwerski, Ignite Reading, PBC is an ed-tech platform that functions as a literacy tutoring organization, assisting students in accelerating their reading progress. In January 2023, Ignite! Reading raised USD 10 million in Series A funding led by new investor Rethink Capital Partners, with participation from individual investors. The company provides a digital platform that integrates with districts and schools to provide K-12 students with a virtual tutoring platform. The platform offers a 15-minute program each day that teaches students foundational reading skills in order to help reverse pandemic-related learning losses by supporting struggling students in grades 1-8. The company intends to use the January 2023 funding to add more professionals to its leadership team, invest in its technology platform, and enable it to scale its program to meet accelerating demand from schools and districts nationwide.

## Funding rounds

- Series A, Jan 17, 2023, $10M — Hellman & Friedman, Draper Richards Kaplan Foundation, Rethink Capital Partners, Wing

## Investors

- Hellman & Friedman (https://capitalatlas.ai/funds/hellman-friedman) — Series A
- Draper Richards Kaplan Foundation (https://capitalatlas.ai/funds/draper-richards-kaplan-foundation) — Series A
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A
- Wing (https://capitalatlas.ai/funds/wing) — Series A