USA – Intellispark, an Arlington, VA-based education technology company focused on improving student success for PreK-12 schools, raised $2.3m in seed funding.
The round was led by GSV Ventures, which will join Intellispark’s board of directors. The company intends to use the funds to accelerate its product development, set the foundation for a scalable go-to-market plan, and round out the leadership team. Founded in 2017 by Stephen M. Smith and Shaun Fanning, Intellispark develops an innovative Software-as-a-Service (SaaS) product designed to help PreK-12 schools support the whole child. Specifically, the company makes it easy for districts and schools to check in with their students throughout the school year — to understand and improve their success skills, career and college readiness, sense of engagement, and connections with faculty and staff. Intellispark integrates students’ daily academic performance and other key indicators to provide teachers with recommended research-based content they can incorporate into their existing classroom curriculum. In May 2020, following two years of development and testing, the company announced the general availability of its first product. At launch, Intellispark enables schools to integrate and elevate their social and emotional learning (SEL) initiatives. Future releases will support additional initiatives, including restorative justice and diversity, equity, and inclusion. 10/06/2020
