Parsec Education
Latest round
- Series A
Last raised
- Dec 2024
Total raised
- $8M
Investors
- 2
About Parsec Education
Founded in 2019, and based in California, US, Parsec Education, Inc. focuses on transforming K-12 education by providing analytics tools. Eugene Park founded the firm. And Babatunde Ilori is leading the firm as CEO as of 2024. Parsec Education offers K-12 education through a suite of data-driven products and services designed to support educational outcomes. Their primary offerings include Parsec Analytics, which enables users to analyze and visualize state and local-level data through ready-made reports, and the Real Qualitative Feedback Solution which captures authentic feedback using AI technology. These tools are aimed at education leaders, administrators, and teachers, and help with the process of data interpretation and lesson planning. Parsec's product suite serves a diverse client base, including public school districts and educational institutions across the United States and Canada, providing solutions that address specific challenges such as data accessibility and actionable insights. Parsec Education generates revenue primarily through subscription-based models for its analytics services and educational tools. Clients, including school districts and educational leaders, typically engage with Parsec on an annual subscription basis, allowing for continuous access to their suite of products. Transactions are structured around these subscriptions, which may include tiered pricing based on the size of the institution or the number of users accessing the platform. Key offerings like Parsec Analytics and the Real Qualitative Feedback Solution form the backbone of their revenue model, driving sustained engagement with educational institutions. The company’s revenue is closely linked to the adoption of its technology by schools striving to improve data utilization and student outcomes. In December 2024, Parsec Education, Inc. The company has plans to develop new products aimed at further improving educational data utilization. Additionally, Parsec is targeting expansion into more regions across the United States and Canada by mid-2025, with a strategic focus on large urban school districts that face unique data management challenges.
Who invested in Parsec Education
2 investors across 1 round
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Funding rounds
Series A
Dec 11, 2024
Amount
$8M
Investors
Questions about Parsec Education
Who invested in Parsec Education?
Parsec Education has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Parsec Education raised?
Parsec Education has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Parsec Education last raise money?
Parsec Education's most recent round on record is a Series A, in Dec 2024.
What does Parsec Education do?
Founded in 2019, and based in California, US, Parsec Education, Inc.
Where is Parsec Education headquartered?
Parsec Education is headquartered in Fresno, US.
Which VCs invest in companies like Parsec Education?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parsec Education's stage. Their profiles are linked below.
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