Despite the potential for online courses to democratize higher education, the sector has experienced setbacks lately. A major cause for these disappointing results, some claim, is the extremely common feeling of disconnectedness among students.
This lack of engagement is a problem that Smart Sparrow believes it can solve. The company announced a fresh $10 million round of funding today to fuel its expansion. Yellow Brick Capital led the round.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1116989,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']Smart Sparrow claims it stands out by providing teachers with templates for customizable, adaptive feedback. The company also provides developer tools, which enables teachers to make their lessons more interactive.
Luckily, the education startup is not starting from scratch. Since launching in 2011, the company has secured deals with Arizona State University, UNSW Australia, University of Melbourne, and more.
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This new round follows the San Francisco, Calif.-based startup’s first institutional funding raise in 2012 — the figures of that raise were not disclosed.
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