Tech
Check out the pitch deck an ex-Microsoft manager used to raise more than $17 million to fund his edtech startup
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- Edtech startup Knowledgehook recently raised more than $17 million in a fundraising round backed by Alexandria Corp and Nelson Education.
- The COVID-19 pandemic has seen a surge of VC investment in edtech startups around the world, as students and teachers alike switch to e-learning under lockdown.
- Business Insider got an exclusive look at the pitch deck ex-Microsoft manager Travis Ratnam used to convince investors to back his startup.
- Visit Business Insider’s homepage for more stories.
Last week Knowledgehook, the edtech platform cofounded by former Microsoft manager Travis Ratnam, raised almost $18 million in a funding round backed by Alexandria Corp and Nelson Education.
Edtech has seen a surge in demand around the world amid the COVID-19 pandemic, with VCs pouring money into remote learning startups which have allowed individuals and institutions alike to stick to their lesson plans.
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Knowledgehook incorporates AI technology to help teachers and parents alike track pupils’ progression in math. CEO Ratnam, a one-time program manager at Microsoft, said the company had been born out of his own “struggle with math as a child”.
“Having the right, personalized guidance makes all the difference and every student deserves to have a teacher who has access to the best pedagogical tools, and parents who have insights into their learning challenges,” he said.
“Our platform is not a game, but will pull together a 360 view on a child’s learning journey enabling people around them to improve their experience and outcomes.”
The firm said it would use the £13.5 million (or around $17.5 million) raised to expand its reach around the world — with a mission statement of reaching 50 million pupils globally.
Business Insider got an exclusive look at the pitch deck Knowledgehook used to bring investors on board:
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