Relay Ventures leads $11.6 mln Series A funding of FreshGrade
Canadian education technology startup FreshGrade has secured $11.6 million in a Series A financing. The round was led by Canadian venture capital firm Relay Ventures with participation from Reach Capital, Accel Partners and Emerson Collective. Based in Kelowna, British Columbia, FreshGrade provides an educational resource for teachers, parents and administrators that allows for maximum classroom engagement and real-time assessment. Founded in 2011 by CEO Lane Merrifield and Steve Wandler, the company's technology is today used in 70 countries. FreshGrade's Series A round brings its total fundraising so far to $15.9 million.
10 May 2016•4 mins read
