# Packback

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

- Industry: Education/Training
- Headquarters: Chicago, US
- Website: www.packback.co/
- Total disclosed funding: $8.2M
- Latest round: Series B (Jan 29, 2019)
- Investors on record: 7

## About

Based in Illinois, US, and founded in 2014 by co-founders Michael Shannon, Nick Currier, Jessica Tenuta, and Kasey Gandham, Packback Inc. operates as a provider of an instructional AI platform that offers AI-powered learning and engagement tools to higher education institutions and K–12 schools. In March 2024, Packback Inc. raised an undisclosed amount of growth capital funding from PSG Equity. As of 2024, the company is led by its CEO, Kelsey Behringer.

The company provides an AI-driven instructional platform that offers writing feedback and discussion tools to students and educators. The platform's services include real-time AI feedback on writing, AI-driven discussion moderation, and automated grading assistance. Moreover, the firm offers solutions such as packback questions for inquiry-based discussions and packback deep dives for writing assignments. Additionally, the firm also provides services such as the Writing Lab for independent writing projects.

## Funding rounds

- Series B, Jan 29, 2019, $2.5M — University Ventures, Hyde Park Angels, Listen Ventures, Wintrust Financial Corporation, Jumpstart Ventures, Wildcat Capital Management
- Series A, Jan 31, 2018, $4.2M — University Ventures, Wintrust Financial Corporation, Wildcat Capital Management
- Seed, Sep 19, 2017, $1.5M — University Ventures, Ingram Content Group Ventures

## Investors

- University Ventures (https://capitalatlas.ai/funds/university-ventures) — Seed, Series A, Series B
- Ingram Content Group Ventures — Seed
- Wintrust Financial Corporation — Series A, Series B
- Wildcat Capital Management — Series A, Series B
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Series B
- Listen Ventures (https://capitalatlas.ai/funds/listen-ventures) — Series B
- Jumpstart Ventures (https://capitalatlas.ai/funds/jumpstart-ventures) — Series B