Classcraft, a Canada-based learning technology company, has now secured $3.6 million in the funding round.
Classcraft is founded by Shawn and Devin Young and their father, Lauren Young, in the year 2013. It allows educators to motivate learners to reach their potential via playful learning experiences that promote growth and human connection. The company is also serving more than 8 million educators and students across the globe and a Quebec-based certified B Corporation. It is used in more than 160 countries and is available in 11 languages.
“At Classcraft, our aspirations go beyond student engagement. We’re aiming to foster the type of intrinsic motivation that makes students care about succeeding in school,” said Shawn Young, CEO and Co-Founder of Classcraft. “We’ve made an incredible impact working with educators to improve outcomes like social emotional learning, academic performance, and school climate. This investment allows us to scale these efforts while developing new ways of leveraging games, technology, and experiences to create cultures of engagement.”
“Investissement Québec is proud to play a role in consolidating Classcraft’s position in Quebec and abroad, helping to ensure its continued growth and a bright future. With this initiative, we are supporting a major player in the field, one able to offer tangible solutions to address the biggest education challenges our society is facing,” said Guy LeBlanc, Investissement Québec President and CEO. “We’re excited to see what educators and students can achieve with what Classcraft has built. And when these breakthroughs are happening in your own backyard, being able to support them means so much more.”
Classcraft latest funding
The round was backed by BrightSpark Ventures, Amplify Capital, Whitecap Venture Partners, and two new investors: Unreasonable Collective and Theodorus Investment Funds.
The company as of now has plans to use the new funds to accelerate product development and its sales and marketing efforts and grow its team.