GotIt! Gets $9 Million in Seed, Series A Funding for On-Demand Learning Marketplace

TRUE TO ITS NAME: GotIt!, a Menlo Park, CA-based startup behind an on-demand knowledge marketplace, recently got $9 million from its Series A (led by Capricorn Investment Group and eBay co-founder Jeff Kroll) and seed round (led by Fosun Group). A graduate of the Intel Education Accelerator’s first cohort, GotIt! instantly connects learners with experts for 10-minute chat sessions. Company CEO Peter Relan wrote in a blog post that the company currently targets high school and college students, and insists it will “fire experts for life if they just provide answers, or provide wrong explanations, or exchange personal information.”