Socrative, based in Cambridge, Mass., is a student response system for mobile devices. It was founded in 2010 by Amit Maimon, a former educational technology entrepreneur and executive, who developed the prototype while at MIT's Sloan School of Management.
The first three employees were Maimon, co-founder and education chief Benjamin Berte and CTO Michael West. They bootstrapped the company for its first two years. In 2012, Socrative founders Berte and West took part in the Imagine K12 accelerator program. Maimon left the company in November 2012. In 2013, Socrative raised $720K in seed funding from investors including True Ventures, NewSchools Venture Fund and angels Eileen Rudden and Jean Hammond.
The Web-based system (which also has app versions available for iOS and Android) is free for teachers and students to use. The company originally licensed an advanced version of its system to schools and districts (for an unspecified price) that included more detailed reports, priority tech support and automatic updates. It also partners with publishers and device manufacturers to include Socrative in their offerings.