Ed tech platform set to grow after $4M funding round

CARMEL (Inside INdiana Business) — The main enforcement serviceman of Carmel-based Codelicious says the company’s caller infusion from respective task superior firms volition let it to summation its nationalist outreach, grow the exertion level and adhd staff. Last week, the acquisition bundle steadfast closed connected a astir $4 cardinal effect circular backed by Indianapolis task superior steadfast Allos Ventures and Boston-based EduLab Capital Partners. Codelicious, which specializes successful machine subject program for K-12 schools, says the backing volition assistance it respond to accelerated growth.

In an interrogation with Inside INdiana Business, CEO Christine McDonnell said the concern volition assistance propulsion the institution into “hypergrowth.”

“We’ve demonstrated traction successful the marketplace. We’ve demonstrated predictability and repeatability, which is truly what you’re looking to summation arsenic a startup,” said McDonnell. “I consciousness similar we’re a small spot beyond that arsenic a mode, and we’re truly acceptable to scale.”

She says the institution is present selling to schools and schoolhouse districts successful astir 2 twelve states, representing a 250% yearly growth.

“Our occurrence comes from those districts and schools, truthful public, backstage and charter, that are truly focusing on… the 21st period learner, truthful those foundational skills,” said McDonnnell.

Codelicious says schools are often constricted by teachers that deficiency the indispensable skills to thatch machine science, particularly successful little grades. McDonnell says the level disconnected offers grade-level differentiated learning pathways and aligns with each authorities and nationalist machine subject standards. Courses see curriculum, acquisition plans, assessments, and standards mapping.

“We truly instrumentality a broad attack to machine subject truthful that educators are engaging students successful the classroom. They tin show that machine subject is much than coding,” said McDonnell. “It truly is simply a mode of captious thinking. It truly is simply a foundational skill.”

McDonnell is taking portion successful a nationalist acquisition exertion league this week wherever the institution volition vie with different acquisition exertion companies for much than $1 cardinal successful prizes. The 2021 GSV Cup is unfastened to pre-seed and effect companies successful the acquisition exertion sector. The Hoosier institution is 1 of conscionable 10 finalists invited to the planetary transportation competition.

“As a institution successful Indiana focused connected edtech, we’re truthful excited to beryllium representing the greatness that comes retired of Indiana (and) the ecosystem that helped boost america to wherever we are,” said McDonnell. “Win, suffer oregon draw, the vulnerability present truly puts america connected the representation successful edtech and the contributions that we’re making successful that space.”