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Venture Capital News: MagicSchool AI Raises $15M Series A Round

2024-06-27
DENVER, CO, MagicSchool AI, the fastest-growing technology platform for K-12 educators and students, today announced a $15 million Series A round of financing led by Bain Capital Ventures.
Additional investors include Adobe Ventures and Common Sense Media, as well as angel investors like Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia, and OutSchool co-founder Amir Nathoo. The funding will support the development of more use cases for AI in education.

MagicSchool AI is the leading generative AI platform for educators and students, purpose built for responsible usage in schools. MagicSchool AI is the most-used AI platform for education with over 2 million educators using the platform and partnerships with 3,500+ schools and districts worldwide. MagicSchool for Teachers provides over 50 tools to help teachers with things like quiz generation, text leveling, lesson plans, and word problem generation. MagicSchool for Students is an AI platform designed to build AI literacy for students.
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