Class Companion Raises $4 Million in Seed Round

by Kay Aloha Villamor in October 10th, 2023

Class Companion, a San Francisco, CA-based AI platform that empowers teachers to give instant, personalized feedback to students, was publicly launched with $4 million in seed funding.

SaaS Investors

The round was led by Index Ventures, with participation from the OpenAI Startup Fund, and notable angels including renowned operator and advisor Gokul Rajaram, Managing Director of Otherwise Fund Terrence Rohan, and AI luminary Andrej Karpathy, founding Research Scientist at OpenAI and former Senior Director of AI at Tesla.

Founded in 1996, Index Ventures is a venture capital firm partnering with exceptional entrepreneurs from SF to NY, London to Tel Aviv, from Seed to IPO..The firm seeks to invest in companies operating in artificial intelligence, machine learning, business applications, data, entertainment, fintech, the future of work, healthcare, media, mobility, open source, retail, security, and talent sectors.

Class Companion Use of Funds

The company intends to use the funds to improve the teacher experience and expand the team.

About Class Companion

Founded by Avery Pan, and Jack Forbes, Class Companion empowers teachers to give instant feedback and support each student to learn at their own pace. Thousands of teachers use the AI platform to create assignments, engage students, generate feedback, and gain insights into progress. The platform uses large language models to enable teachers to practice by providing instant, personalized feedback on written assignments. Teachers customize assignments and invite students to submit answers. In addition to detailed feedback, Class Companion offers hints and contextual knowledge, suggestions for revision, and recognition of progress. Teachers have full visibility throughout the process and can override the AI to have the final say.

Funding Details

Company: Class Companion, Inc.

Raised: $4.0M

Round: Seed Round

Funding Month: October 2023

Lead Investors: Index Ventures

Additional Investors: OpenAI Startup Fund, Gokul Rajaram, Terrence Rohan, and Andrej Karpathy

Company Website:

Software Category: AI Teaching Assistant


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