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Venture Capital News: Numerade Raises $26M Series A Round

2021-07-20
LOS ANGELES, CA, Numerade, an EdTech startup, has secured $26 million in Series A funding.
Numerade has secured $26 million in Series A funding which will be used to help democratize science, technology, engineering, and math (STEM) education for millions of students worldwide.

The round of funding was led by IDG Capital, an investment firm based in Boston, Massachusetts. This was supplemented by existing investors General Catalyst, Mucker Capital, and Kapor Capital, and strategic investors including Alumni Ventures Group, Interplay Ventures, Toy Ventures, Margo Georgiadis, Khaled Helioui, Taavet Hinrikus, Sten Tamkivi, Pierre-Dimitri, Ian Hogarth, and Michael Thompson.

Numerade is singularly focused on creating exceptional video and interactive content experiences for education. The venture-backed, high-growth education technology startup works to make the knowledge and skills of world-class educators widely accessible and affordable to student audiences of all backgrounds. Numerade's mission is to close the educational opportunity gap by unlocking and democratizing access to extraordinary educators and the content they have to offer.
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