# Showbie

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

- Industry: Software
- Headquarters: Edmonton, Canada
- Website: www.showbie.com
- Total disclosed funding: $12M
- Latest round: Series A (Feb 4, 2021)
- Investors on record: 7

## About

Based in Canada, Showbie Inc. provides an innovative digital platform that enhances the educational experience through classroom organization, student collaboration, and personalized feedback.Showbie Inc. was founded in 2012 and is headquartered in Edmonton, Canada. The company offers a digital platform that connects educators and students, focusing on improving classroom interactions. The founders, Colin Bramm and Roy Pombeiro, have previous experience in the tech industry. In February 2021, Showbie raised CAD 7.5 million in a SERIES A funding round led by Rhino Ventures, with participation from ATB Capital. This funding round was part of a larger CAD 12.5 million SERIES A funding initiative that targeted growth in its operations.Showbie offers a comprehensive digital platform designed to enhance the educational experience by facilitating classroom organization, student collaboration, and personalized feedback. The core product is an app that integrates features such as assignment management, real-time assessment, and student portfolios. Serving K-12 schools and over 2,500 students primarily in North America, Showbie's platform allows students to upload assignments, collaborate on projects, and receive tailored feedback, promoting a more engaged and productive classroom experience.Showbie generates revenue through a subscription-based model with various pricing plans catering to different educational needs. Schools and districts purchase licenses for their educators, establishing a direct relationship with clients. Revenue is derived from these subscriptions, which provide access to Showbie's extensive features, including tools for assignment submissions and personalized feedback mechanisms. This financial model supports ongoing development and service enhancements, ensuring educators effectively improve student outcomes.Following the recent CAD 7.5 million SERIES A funding round in February 2021, Showbie plans to allocate these resources towards expanding its sales and marketing efforts. The company aims to enhance its platform and reach new educational markets, particularly targeting additional regions within North America to increase its user base. Showbie's strategic growth initiatives include the design and launch of new products aimed at further improving the educational experience for both teachers and students.

## Funding rounds

- Series A, Feb 4, 2021, $5.9M — Rhino Ventures, ATB Private Equity
- Series A, Aug 20, 2020, $3.8M — Azure Capital Partners, Point Nine, Rhino Ventures
- Seed, Mar 22, 2016 — Azure Capital Partners
- Seed, Apr 7, 2015, $2.3M — Yaletown Partners, Point Nine, Imagine K12, Kymbask Investments
- Seed, May 6, 2013 — Imagine K12

## Investors

- Imagine K12 (https://capitalatlas.ai/funds/imagine-k12) — Seed
- Yaletown Partners (https://capitalatlas.ai/funds/yaletown-partners) — Seed
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series A
- Kymbask Investments — Seed
- Azure Capital Partners (https://capitalatlas.ai/funds/azure-capital-partners) — Seed, Series A
- Rhino Ventures (https://capitalatlas.ai/funds/rhino-ventures) — Series A
- ATB Private Equity (https://capitalatlas.ai/funds/atb-private-equity) — Series A