# Schoolbinder

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

- Industry: Software
- Headquarters: New York, US
- Website: www.teachboost.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Jun 25, 2014)
- Investors on record: 4

## About

Schoolbinder, Inc. focuses on enhancing educational practices through its innovative instructional leadership platform. Its solutions help educators improve feedback processes and support professional development across various institutions.Founded in 2012 in New York, US, Schoolbinder, Inc. specializes in educational technology. The company has undergone strategic pivots, including its acquisition by SchoolStatus, LLC in March 2022, which aimed to enhance K12 communications and operations. The co-founders include Andrew Gioia, Dustin Anderson, Jason DeRoner, and Michael Gioia, with Jason DeRoner currently serving as CEO. Schoolbinder has secured a total of USD 1.50 mn in funding through a Seed round led by Cue Ball Capital, and it has executed three investment deals overall.Schoolbinder, Inc. offers the SchoolStatus Boost platform, which is a customizable instructional leadership system aimed at improving observation and feedback mechanisms for educators. This platform supports teacher growth and mentorship and is utilized by over 800 organizations across 44 states and five countries. It consolidates various instructional leadership activities into a single solution, addressing the need for professional learning and personalized evaluation.The company operates on a subscription-based revenue model, providing the SchoolStatus Boost platform to schools and districts as a comprehensive solution for educator professional development. Revenue is generated through these subscription services, which include tiered pricing plans tailored to the needs of educational institutions. Additionally, the TeachBoost Coach service enhances coaching programs, ensuring ongoing client relationships through continuous support and platform updates.Schoolbinder, Inc. plans to leverage its recent acquisition to create a more integrated K12 communications ecosystem, focusing on enhancing user experiences and student outcomes. The company aims to expand its product offerings and market reach, although specific new products and geographic targets have not been disclosed. The funding from the Seed round will be utilized to support these strategic initiatives, aligning with the broader mission of improving educational practices.

## Funding rounds

- Seed, Jun 25, 2014, $1.5M — Cue Ball Capital, Swift River Investment, EdTech
- Seed, Jan 7, 2012 — Imagine K12

## Investors

- Imagine K12 (https://capitalatlas.ai/funds/imagine-k12) — Seed
- Cue Ball Capital (https://capitalatlas.ai/funds/cue-ball-capital) — Seed
- Swift River Investment (https://capitalatlas.ai/funds/swift-river-investment) — Seed
- EdTech — Seed