Edtech startup Querium closed a $3.2 million Series B round of funding on Wednesday, led by previous investor Wild Basin Investment.
Founded in 2013, the company helps high school and college students strengthen their critical STEM skills through its online learning mobile platform, which is driven by artificial intelligence. The company currently support 37 colleges and 62 school districts.
In Texas alone, Querium’s web-based curriculum has prepared over 140,000 students to study for the Texas Success Initiative (TSI) Assessment, as part of their contract with the Texas Higher Education Coordinating Board.
Querium plans to direct the financing toward expanding its sales and marketing operations and to further progress on its StepWise Virtual Tutor, which provides math and science instruction, practice and tutoring assistance. Previous investors Ingram Content Group, CrossFire Holdings, and Sustain VC also contributed to the round.
With the news, seasoned edtech expert Jamie Caras joins Querium’s board of directors. Caras serves as VP of digital strategy for STEM digital strategy at Macmillan Learning, with previous roles as chief product officer at Macmillan Learning and founder and president of Sapling Learning.
“I am honored to join the Querium Board and be part of this innovative company poised to make a dramatic impact on student learning,” said Caras in a statement. “I am excited about Querium’s mission to help all students feel successful through personalized and data-driven feedback using highly scalable technology.”
Wednesday’s funding news marks Querium’s first in 2017, following last year’s February round for $300k and July’s for $720k.
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