In their series B round of venture funding for technology that aims at connecting teachers, students and parents, ClassDojo raised $21 million. General Catalyst and new investors such as Reach Capital, Signal Fire and GSV led the closing round of funding. The co-founders of ClassDojo, Sam Chaudhary and Liam Don said that the capital raised was intended to be used for developing their team and improve the ClassDojo app by including useful content and features. The app aims at enhancing teacher-parent communication throughout the year, while creating a positive culture in classrooms. Through the app, parents are updated on their kid’s day at school.
Teachers communicate with parents instantly. This strategy is convenient for letting parents know their child’s performance in school. Teachers can capture photos or record videos of students’ work and participation in various activities and send them to parents. They intend to make premium features and create content that parents would require to pay to access instead of generating revenue off users’ data.
Sam and Liam were motivated to start up ClassDojo after realizing that most companies in the education tech business did not have a free and user friendly app that would improve classroom experience. For the new intended features, ClassDojo could also enable parents to make payments from their phones for various requirements like lunches or field trips through a transaction feature. The company has expanded from education tech accelerator through Imagine K12 to being part of Y combinator. This information was originally published on TechCrunch as highlighted in the link below http://techcrunch.com/2016/04/15/classdojo-raises-21-million-for-app-to-make-parent-teacher-meetings-obsolete/
About Class Dojo
ClassDojo is a San Francisco-based startup company that aims to create incredible classroom experience. Founded in 2011, it is among the fastest growing companies in the field of education technology. ClassDojo is used and preferred by millions of teachers and parents who feel that their work has been made easier by being able to stay in touch with each other and following up on students’ performance. Notably, 90 percent of K-8 students in the United States and others from 180 countries use the app.
ClassDojo’s able team comprises of educators, designers and engineers. They are deeply experienced in management of public and charter schools. In addition, these individuals have extensive backgrounds in social media platforms like Facebook, Dropbox, Google and Amazon. ClassDojo helps to create an incredible school community by bringing together, teachers, principals and other school leaders.