Socrative
Latest round
- Seed
Last raised
- Apr 2013
Total raised
- $0.8M
Investors
- 2
About Socrative
Socrative is an educational technology company that provides tools for real-time student assessment. Founded by individuals with experience in the education sector, the company is headquartered in Cambridge, US. In June 2014, Socrative was acquired by MasteryConnect for USD 5 million in cash, marking a significant transition for the business.Socrative provides an interactive assessment platform designed to facilitate real-time engagement and evaluation of students' learning progress. The core functionality includes launching quizzes, receiving exit tickets, and soliciting immediate student feedback through various formats such as multiple choice, true/false, and short-answer questions. Educators can prepare personalized content in advance or create activities spontaneously, supporting diverse learning environments, whether in-class or remote. Socrative serves a wide range of educational institutions, including K-12 schools and higher education facilities, enabling teachers to monitor and evaluate student comprehension efficiently.Socrative generates revenue primarily through its Socrative PRO subscription service, enhancing the assessment platform's functionality for educators. This subscription model provides advanced features aimed at improving student engagement and instructional differentiation. Transactions typically occur between the company and educational institutions, where schools or individual educators subscribe to the PRO service, gaining access to additional tools and resources. The PRO version entails a recurring fee billed periodically, allowing users to unlock enhanced capabilities tailored to their teaching needs.Future growth for Socrative includes plans to enhance its product offerings with new features aimed at improving user experience and assessment capabilities. The company is looking to expand its market presence, particularly in regions experiencing rapid educational technology adoption. The strategic acquisition in June 2014 is expected to bolster Socrative’s growth trajectory in the education sector.
Who invested in Socrative
2 investors across 1 round
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Funding rounds
Seed
Apr 1, 2013
Amount
$0.8M
Investors
Questions about Socrative
Who invested in Socrative?
Socrative 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 Socrative raised?
Socrative has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Socrative last raise money?
Socrative's most recent round on record is a Seed, in Apr 2013.
What does Socrative do?
Socrative is an educational technology company that provides tools for real-time student assessment.
Where is Socrative headquartered?
Socrative is headquartered in Cambridge, US.
Which VCs invest in companies like Socrative?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Socrative's stage. Their profiles are linked below.
VCs backing software startups at Seed
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