IntelliBoard, a New Haven, CT-based learning analytics provider, has successfully concluded a financing round.
SaaS Investors
The round was led by Advantage Capital and existing investor Connecticut Innovations (CI).
Advantage Capital is a venture capital firm, small business lender, and impact investor. The firm invested over $4.1 billion in more than 900 companies across various industry sectors and risk spectrums.
IntelliBoard Use of Funds
The company will use the new funding to fuel its future market growth and innovation.
About IntelliBoard
IntelliBoard is a SaaS company in EdTech, that provides a learning analytics platform that helps organizations enhance learning outcomes by analyzing data from various sources, including learning management systems and human resource systems. IntelliBoard is on a mission to improve learning outcomes through data. Its goal is to empower data-driven organizations to simplify processes, solve problems, and promote action informed by what your data is telling you.
Funding Details
Company: IntelliBoard, Inc.
Raised: Undisclosed
Round: Unknown
Funding Month: December 2023
Lead Investors: Advantage Capital
Additional Investors: Connecticut Innovations
Company Website: https://intelliboard.net/
Software Category: Educational
Source: https://www.prweb.com/releases/intelliboard-secures-new-funding-to-accelerate-growth-and-help-organizations-improve-learning-outcomes-302020703.html