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101edu Closes Oversubscribed $4.6M Series A Round Led by Recurring Capital Partners

Mar 01, 2021over 4 years ago

Amount Raised

$4 Million

Round Type

series a

New York

Description

 101edu, creator of the mobile-first, next-generation active learning platform for STEM disciplines, today announced it has completed an oversubscribed $4.6 million Series A financing round. Recurring Capital Partners led the investment round with participation from new and existing investors Birchmere Ventures, University Ventures, Zanichelli Venture, Matzliach Capital, Board member Dr. James Caras, Mark Miller, Torsten Geers, and Vineet Madan. The latest investment brings 101edu's funding to $7.8 million.

Company Information

Company

101edu

Location

New York, New York, United States

About

Founded in 2016 by Dr. Justin Weinberg and Igor Belyayev, 101edu provides a mobile-first, next-generation active learning platform for STEM courses. The company's first product, Chem101, enables chemistry instructors to engage their students in any format in both synchronous and asynchronous modalities. Faculty utilize Chem101 to drive active learning during class, assign online homework, and reinforce concepts that students can pick up on-the-go with the company's mobile-first platform. Chem101 is the fastest-growing active learning product focused on STEM disciplines, with adoptions at over 400 colleges and universities, as well as high-school AP courses across North America. The company is currently expanding its offerings across STEM disciplines. 101edu is based in New York City and is growing its team of educators, engineers, and entrepreneurs both locally and remotely. Apply to join at 101edu.co/jobs