# NoRedInk

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

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.noredink.com
- Total disclosed funding: $58M
- Latest round: Series B (Aug 24, 2021)
- Investors on record: 14

## About

Based in the US, NoRedInk Corp. operates as an educational technology company focused on improving student writing skills through an interactive online platform tailored for educators and learners in Grades 3-12.NoRedInk Corp. provides a digital platform that enhances writing capabilities among students, particularly in Grades 3–12. Founded in 2012, the company is headquartered in San Francisco, US. The CEO and founder, Jeff Scheur, aimed to reach educators and school districts across the U.S. The company raised USD 50 mn in Series B funding in August 2021, led by Susquehanna Growth Equity, with participation from True Ventures. This funding brought the total amount raised to USD 50 mn and the current company valuation to USD 208.925 mn.NoRedInk operates a comprehensive online platform designed to enhance writing skills and critical thinking among students in Grades 3–12. Its core offerings include adaptive exercises, scaffolded writing activities, and diagnostic tools that personalize the learning experience based on individual student needs. The platform incorporates engaging content, such as writing prompts that resonate with students' interests, enabling them to practice and apply grammar and writing concepts effectively. Target customers include educators and school districts across the United States, with a growing presence in 60% of U.S. school districts, serving diverse client bases in both mainstream and special education settings.NoRedInk generates revenue primarily through subscriptions to its Premium services, which provide comprehensive access to a variety of writing curricula, guided composition tools, and professional development resources. Schools and districts typically engage with the platform through annual subscriptions, allowing them to equip educators with tools necessary for effective writing instruction. The Premium offering includes extensive content for over 1,000 skills and various writing genres, along with detailed reporting features that track student progress and align with educational standards.In August 2021, NoRedInk Corp. raised USD 50 mn in Series B funding to enhance its product portfolio and expand its offerings to a wider range of schools. The company plans to improve existing products while launching new features aimed at increasing user engagement and educational effectiveness. Additionally, there are plans for geographical expansion into new markets, though specific regions have not been disclosed. The funding will support these initiatives to enhance the overall educational experience and broaden the reach of NoRedInk's platform.

## Funding rounds

- Series B, Aug 24, 2021, $50M — True Ventures, Susquehanna Growth Equity
- Series A, Feb 18, 2015, $6M — True Ventures, Rethink Capital Partners, Kapor Capital, Social Capital, Hyde Park Venture Partners, RTA Capital, Math Venture Partners, Fresco Capital, GSV Ventures
- Series A, Aug 21, 2013, $2M — CRV, GV, Social Capital, Learn Capital
- Seed, Oct 29, 2012 — Imagine K12

## Investors

- Imagine K12 (https://capitalatlas.ai/funds/imagine-k12) — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Series A
- GV (https://capitalatlas.ai/funds/gv) — Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Series A
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Series A
- RTA Capital (https://capitalatlas.ai/funds/rta-capital) — Series A
- Math Venture Partners (https://capitalatlas.ai/funds/math-venture-partners) — Series A
- Fresco Capital — Series A
- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Series A
- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Series B