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Engrade is an education technology company that provides a comprehensive web-based platform for managing student grades, classroom instructional data, and school-home communications. The software evolved from a simple online gradebook into a unified system for curriculum planning, scaling to serve 6 million users worldwide across 40,000 schools. Prior to its acquisition, the platform was adopted by several major institutional customers, including the New York City Department of Education and KIPP Charter Schools. The enterprise raised a total of $8 million in venture capital funding through financing rounds led by prominent institutional investors like Rethink Education and Javelin Venture Partners. McGraw-Hill Education ultimately acquired the business in 2014 for a valuation of approximately $50 million to integrate the technology into its broader digital education portfolio. Engrade was originally founded in 2003 by software developer Bri Holt.
Engrade has raised $8.0M across 2 funding rounds.
Engrade has raised $8.0M in total across 2 funding rounds.
Engrade has raised $8.0M across 2 funding rounds. Most recently, it raised $5.0M Series B in July 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2013 | $5M Series B | Javelin Venture Partners | ED Mentor, Expansion VC, Kapor Capital, Rethink Education, Samsung | Announced |
| May 1, 2012 | $3M Series A | Matt Greenfield | Blockchain Coinvestors AngelList Syndicate, Founders Fund, Reach Capital, Streamlined Ventures, Bruno Bowden, JIM Pallotta, Scott Belsky, Greg Gunn, Richard Chino, ZAC Zeitlin, John Doerr | Announced |
Engrade has raised $8.0M in total across 2 funding rounds.
Engrade's investors include Javelin Venture Partners, Ed-Mentor, Expansion VC, Kapor Capital, Rethink Education, Samsung, Matt Greenfield, Blockchain Coinvestors AngelList Syndicate, Founders Fund, Reach Capital, Streamlined Ventures, Bruno Bowden.
Engrade is a K-12 education technology company that builds a comprehensive Learning Management System (LMS) integrating assessments, curriculum, grading, and data analytics into a single secure platform.[1][2][3][4] It serves teachers, students, parents, school administrators, and districts by solving inefficiencies in instruction delivery, student performance tracking, and parent-teacher communication, enabling personalized learning and real-time insights.[2][3][4][5] With reported revenue of $25.7 million and features like customizable third-party integrations and 24/7 support, Engrade drives growth through easy implementation and broad accessibility, including free web-based tools for class management.[1][3][5]
Engrade emerged as a response to the need for digital tools in K-12 education, starting as a free set of web-based tools to help educators manage classes online and provide 24/7 real-time access for parents and students.[5] Based in Tennessee Ridge, Tennessee, the company evolved into a full LMS focused on unifying people, curriculum, and data, with early recognition as a "Hottest LMS Company" in 2015 for its innovative approach to assessments and instruction.[2] Pivotal moments include expanding to support admin, teacher, parent, and student portals, alongside analytics and electronic grading, which built early traction among school districts seeking efficient, digital-native solutions.[3]
Engrade stands out in the edtech space through these key strengths:
Engrade rides the wave of digital transformation in K-12 education, capitalizing on trends like personalized learning, data-driven instruction, and remote/hybrid schooling accelerated by events like the pandemic.[2][3] Its timing aligns with market forces favoring affordable, scalable LMS platforms amid rising edtech adoption, where schools seek unified systems to handle growing data volumes and stakeholder demands.[1][4] By enabling seamless integration and real-time analytics, Engrade influences the ecosystem by empowering districts to modernize without high costs, fostering broader efficiency in public education and supporting the shift toward tech-enabled equity in learning outcomes.[3][5]
Engrade is poised for sustained growth as AI-enhanced personalization and hybrid learning expand, potentially amplifying its platform with advanced analytics or global expansions.[3] Trends like increased edtech funding and regulatory pushes for data interoperability will shape its path, evolving its influence from a U.S.-centric LMS to a key player in unified education ecosystems. This positions Engrade to deepen its impact, much like its foundational role in digitizing K-12 tools, delivering lasting value in an increasingly data-centric education landscape.[2][4]
