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."
Venice-based GIGXR's New Partnership With the Air Force Academy Will Bring VR to Wartime Training
Venice-based VR company GIGXR is partnering with the Air Force Academy to simulate wartime applications.
Nursing students at the University of Pennsylvania who couldn't make it into the classroom during the pandemic have been examining virtual patients — replete with lesions, temperature and other symptoms — via an app on their phone.
The technology produced by Venice-based GIGXR was so intriguing that the two-year old company recently caught the interest of the Air Force Academy based in Colorado, which was the recipient of a $750,000 grant to develop a mixed-reality program called HoloChem.
The program will use mixed reality, in which augmented reality components interact with the real world environment, to immerse students in what would otherwise be impossible situations, allowing them to see, for instance, how different gasses react to atmospheric conditions on the moon. The aim is to provide critical chemistry principles.
"We're providing a universe where an Air Force Academy instructor can teach a cohort of students either on campus or remotely dispersed and move them through a series of experiments so that they can get the knowledge they need, the experience they need, and with absolutely no risk," said GIGXR CEO David King Lassman.
Augmented and virtual reality technology have long been heralded as the future of education, but never stuck, either due to lack of school funds or lack of efficacy. Google Glass, once heralded as a moonshot edtech product, was never widely adopted.
"You can throw money at something and throw the tech out there," said Mina Johnson, a psychology professor at Arizona State University who has been making mixed reality content in educational environments for 20 years. "But if you don't have good use cases worked out, then it's not going to get uptake."
But studies have shown that AR and VR applications in the classroom could prove to be more than just another edtech fad, especially for concepts like physics and chemistry. A study co-authored by Johnson found that students who could physically interact with physics concepts through AR found the lesson to be more engaging.
"It's easier to learn 3D content with a 3D medium," Johnson said. "So if you want to learn about electromagnetic waves which move around you in a 3D manner, then I think you can use those mediums."
GIGXR, whose growth was accelerated in the midst of the pandemic when students could no longer come to class, is one of a growing subset of AR, VR and mixed reality tech companies harnessing a socially distant learning environment to make education more immersive.
The company partnered with around 40 institutions around the world, including a slew of medical education networks including the University of Pennsylvania School of Nursing. The school relies on HoloPatient, another one of the company's applications that uses virtual patients to represent 16 different diseases or injuries. The technology mimics real-world situations in which students have to react on the fly to situations with life-or-death consequences.
"That lends itself to a connected and immersive experience, which in turn lends itself very well to anything that requires training and learning dynamic where you're having to learn things that are complex...that you can't see readily with the human eye," Lassman said.
GIGXR's technology uses a blend of mixed-reality and gameplay techniques. Through Microsoft's Hololens, a pair of mixed-reality smart glasses, or through the GIGXR app on a smartphone, students can superimpose a 3D patient into their environment and walk around them to check for injuries or marks, while a dashboard of the patient's biometric information is shown nearby.
Guided by the instructor, students can treat the patient virtually, and the instructor can control the biometric information based on their treatments, either slowing down the heart rate or raising the blood pressure.
Lassman called it "really useful when you think about the health care space. I'm looking at incredibly complicated models, the human body, how the cardiovascular system works, how the heart beats."
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A little over three months after announcing its Series A, the learning platform Quizizz with users in more than 120 countries announced Tuesday it's raked in a new $31.5 million funding round.
Tiger Global Management led the raise and included past investors Nexus Venture Partners, GSV Ventures and Eight Road Ventures.
The planned return of students to classrooms this fall doesn't appear to have stunted edtech companies that saw a surge in use as teachers and students moved online during the pandemic.
Investors sunk more than twice the amount of capital into edtech companies last year than they did in 2019, according to Pitchbook. In Los Angeles, public school teachers integrated laptops, tablets and cameras into their lesson plans to accommodate virtual learning. And the district spent millions on technology and other software designed to keep students engaged.
Quizizz angles itself as an aid to teachers, offering some 20 million gamified quizzes, interactive lessons and study guides.
"Our hope is that every time a question is answered, it inspires the student to keep learning and gives their teacher time to focus on personalized support instead of staying up late grading a stack of worksheets," CEO and co-founder Ankit Gupta said in announcing the raise.
The startup, which has offices in Santa Monica and Bangalore, will use the money to hire across both India and the U.S.
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