LA-Based Numerade Brings Artificial Intelligence to Tutoring

Bernard Mendez
Bernard Mendez is an editorial intern at dot.LA. He attends UCLA, where he is pursuing a bachelor’s degree in applied mathematics. Mendez was previously an editor at the Daily Bruin, the student newspaper at UCLA.

There are a lot of companies that offer online lessons for students, but Numerade is betting its combination of tutor-driven service fueled by AI can break through the noise.

Numerade's subscription service boasts a database of over 1.2 million videos covering content for middle school, high school and college-level STEM courses, all made by its certified tutors. Using AI, the company lets users search the database to generate a customized lesson and quizzes for students.

The Los Angeles-based company announced a $26 million round of Series A funding this week led by IDG Capital and including General Catalyst, Mucker Capital and Kapor Capital.

More than 30,000 users are certified tutors on the platform to date, according to the company. Numerade charges users $9.99 a month or $83 annually.

Numerade isn't the only edtech company using AI to help the learning process. Companies like Quizlet have AI tools that generate step-by-step solutions for students. But unlike those platforms, Numerade uses video, which it sees as more digestible and interactive than text.

"By the end of the video, whether it's a minute long or six minutes long, the student will learn the process of how the educator got from point A to point Z," said Jonathan Gupta-Buckley, Numerade's vice president of growth. "So we don't give away the answer, we ensure that [students are] learning and growing while they're on our platform."

Investors have flocked to edtech during the pandemic, as forced school closures accelerated the adoption of digital technologies in the classroom.

Numerade will have to compete against existing video-based learning platforms such as Khan Academy, which already offer courses covering middle school to collegiate-level STEM courses.

But Numerade sees itself as a service that will open up the experience of private tutoring to a broader demographic, at a much cheaper price.

"The cost of private tutoring is absolutely exorbitant," Gupta-Buckley said. "By providing a service whereby a student can learn, grow and build their builder skill set within STEM at a fraction of the cost is an invaluable service."

Despite the return to in-person schooling, Numerade sees itself as a compliment to a student's normal course load.

"This pandemic opened people up to the idea of hybrid learning," Gupta-Buckley said. "So I think we will be seen as a complimentary platform to in-class education."

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Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Energy Shares Gears Up To Bring Equity Crowdfunding to Retail Investors
Photo by Red Zeppelin on Unsplash

The Inflation Reduction Act contains almost $400 billion in funding for clean energy initiatives. There’s $250 billion for energy projects. $23 billion for transportation and EVs. $46 billion for environment. $21 billion for agriculture, and so on. With so much cash flowing into the sector, the possibilities for investment and growth are gigantic.

These investment opportunities, however, have typically been inaccessible for everyday retail investors until much later in a company’s development–after an IPO, usually. Meaning that the best returns are likely to be captured by banks and other institutions who have the capital and financing to invest large sums of money earlier in the process.

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Aisha Counts
Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
How These Ukranian Entrepreneurs Relocated Their Startups to LA and Found Success
Joey Mota

Fleeing war and chasing new opportunities, more than a dozen Ukrainian entrepreneurs have landed in Los Angeles, finding an unexpected community in the city of dreams. These entrepreneurs have started companies that are collectively worth more than $300 million, in industries ranging from electric vehicle charging stations to audience monetization platforms to social networks.

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