Kyron Learning, a San Francisco, California-based AI-based learning startup, has raised $14.6 million in a Series A funding round.
SaaS Investors
Global Silicon Valley Ventures, with participation from Owl Ventures, ECMC Group Education Impact Fund, Common Sense Growth Fund, Charter School Growth Fund, Cambiar Education, LearnerStudio, Imagine Learning and Array Education. The startup also secured an $850,000 grant from the Bill & Melinda Gates Foundation.
Founded in 2016, Global Silicon Valley Ventures is a venture capital firm based in Chicago, Illinois. The firm prefers to invest in companies operating in the education technology sector.
Kyron Learning Use of Funds
The funds will be used to develop the platform's generative AI capabilities and expand its K-12 math curriculum. Kyron Learning is opening the platform to all organizations and learning solution providers.
About Kyron Learning
Founded in 2022 by Rajen Sheth and Enis Konuk, Kyron Learning offers an interactive video platform that allows students to engage with lessons using text or voice responses. and it uses conversational AI. Kyron’s conversational AI comprehends student answers and selects the relevant, pre-recorded responses provided by teachers. Kyron is also working on integrating generative AI to trigger AI-powered responses if a student needs further assistance. Kyron is headquartered in San Francisco, with offices in Boston and Seattle.
Funding Details
Company: Kyron Learning, PBC
Raised: $14.6M
Round: Series A
Funding Month: December 2023
Lead Investors: Global Silicon Valley Ventures
Additional Investors: Owl Ventures, ECMC Group Education Impact Fund, Common Sense Growth Fund, Charter School Growth Fund, Cambiar Education, LearnerStudio, Imagine Learning and Array Education
Company Website: https://www.kyronlearning.com/
Software Category: Educational
Source: https://techcrunch.com/2023/12/05/kyron-learning-14-6-million-funding-conversational-ai-technology/