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Formative Announces $70 Million Minority Growth Investment To Accelerate Impact In K-12 Classrooms

Formative Announces $70 Million Minority Growth Investment To Accelerate Impact In K-12 Classrooms

06/15/21, 11:08 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsanta monica
Money raised
$70 million
Formative, a SaaS-based real-time student data platform, today announced a $70 million minority investment led by global growth investor Summit Partners, with participation from existing investors including Emerson Collective, Fika Ventures, Mac Ventures and Rethink Education. The investment will further fuel Formative’s product enhancement efforts, increase teacher and administrator support and expand the company’s international reach.

Company Info

Company
Formative
Location
santa monica, california, united states
Additional Info
Formative is a web-based student response platform that allows teachers to give live assignments to students, enabling instant teaching adjustments and long-term student growth tracking. Teachers use Formative to see student work in real-time, give feedback, track student progress to learning standards and collaborate around common assessment data. For more information, please see www.formative.com or follow on LinkedIn.