US Edtech Brings in $145M in May

KA’CHING: US edtech raised $145.4M in May 2015, according to analysis by EdSurge. The funding was spread across 18 different deals; at least 41 unique investors participated.

AltSchool leads the way in May funding with its $100M in Series B funding from 11 investors. The San Francisco-based startup runs a network of “micro-schools” across the country. These schools focus on delivering a project-based curriculum supported by custom-built technologies for admissions, family communications, procurement and personalized learning plans for students.

Other big winners included $15M in Series D money to Inkling, which offers a platform for publishing digital books. Wonder Workshop rounded out the top 3 with $7M in Series A1 funding. Wonder Workshop offers a programmable robotic duo, “Dash” and its sidekick “Dot,” that can make noise, move objects around and even play the xylophone.

Interested in learning more about these and other US and ex-US edtech deals? Subscribe today to our monthly Ka’Ching reports, and stay tuned for more edtech funding info in our weekly newsletters.

Editor’s note: This analysis does not include mergers & acquisitions.

STAY UP TO DATE ON EDTECH.News, research, and opportunities - sent weekly.