NoRedInk Raises $50 Million in Series B

by Kay Aloha Villamor in September 6th, 2021

NoRedInk, a San Francisco, CA-based provider of a digital writing curriculum used in US school districts, raised $50m in Series B funding.

Susquehanna Growth Equity led the round with participation from True Ventures.

The company intends to use the funds to continue to improve its product and expand its business reach.

Company: NoRedInk Corp.

Raised: $50.0M

Round: Series B

Funding Month: August 2021

Lead Investors: Susquehanna Growth Equity

Additional Investors: True Ventures

Company Website: http://noredink.com/

Software Category: Digital Writing

About the Company: Led by Jeff Scheur, founder and CEO, NoRedInk provides students in over 60% of US school districts with an adaptive writing curriculum that engages them with exercises based on their interests, guides them through the writing process with instructional support, and boosts their skills through targeted practice. NoRedInk has a free, limited version for teachers to try, and thousands of schools request upgrades to the paid version every month. The paid version also integrates with popular learning management systems and allows administrators to track progress at the school and district levels.

Source: https://www.finsmes.com/2021/08/noredink-raises-50m-in-series-b-funding.html


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