Socratic Labs, formally kicked off in February 2013, aims to support education technology startups through curriculum, mentorships, a collection of startup services (such as free legal advice) and networking. It aims to invest in 20 startups over the course of the year, contributing between $15K and $25K apiece in those businesses (in exchange for equity).
Socratic Labs launched its first "alpha" cohort of six companies in June 2013 after a four-month incubation period. The "graduating" companies were:
- PenPal News
- Student Loan Hero
- Unbound Concepts
The program planned to recruit its second cohort in late 2014.