# New Class

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-class

- Industry: Education/Training
- Headquarters: New York, US
- Website: www.getschoolhouse.com
- Total disclosed funding: $8.1M
- Latest round: Seed (Apr 8, 2021)
- Investors on record: 3

## About

Based in New York, New Class Inc. is a technology company founded in 2020 that focuses on developing innovative software solutions aimed at enhancing operational efficiency and user experience across various industries.New Class Inc. offers technology solutions for operational efficiency, having been founded in New York, US, in 2020 by Cathy Low and Mathias Guttu. The company has successfully secured USD 8.1 mn in Seed funding on April 8, 2021, led by Pace Capital, alongside investments from Metrodora Ventures and Trust Capital. This funding round represents the total amount raised by the company to date.New Class Inc. specializes in providing technology solutions that enhance operational efficiency and improve user experiences. Their core offerings include advanced software applications designed to automate tasks, facilitate data analysis, and optimize customer interactions across sectors such as retail, healthcare, and finance. Their products cater to both small and large enterprises and have seen adoption in markets across North America, Europe, and Asia.The company generates revenue through subscription-based models and direct sales of software products. Clients engage in annual or monthly subscription agreements that provide software access along with updates and support. Partnerships with retailers and wholesalers help expand distribution channels, allowing New Class Inc. to offer its products as part of bundled services. Each product is priced based on its features, enabling customers to select options that best meet their needs.In April 2021, New Class Inc. raised USD 8.1 mn in Seed funding to expand its school model throughout the US. The company plans to utilize these funds to develop and launch new products designed to further enhance their software offerings. Additionally, they are targeting expansion into new markets, with a focus on increasing their presence across the entire US. This strategic growth is aimed at reaching more customers and addressing a wider range of operational challenges.

## Funding rounds

- Seed, Apr 8, 2021, $8.1M — Trust Capital, Pace Capital, Metrodora Ventures

## Investors

- Trust Capital (https://capitalatlas.ai/funds/trust-capital) — Seed
- Pace Capital (https://capitalatlas.ai/funds/pace-capital) — Seed
- Metrodora Ventures (https://capitalatlas.ai/funds/metrodora-ventures) — Seed