Social Learning Startup Grockit Raises $7 Million
Grockit is a social learning startup company that has raised $7 million in Series D. Current investor Atlas Ventures led the round. Existing investors Benchmark and Integral Capital also participated. New investors NewSchools Venture Fund and GSV Capital CEO Michael Moe participated in this round.
Grockit has test preps for the SAT, GMAT, and LSAT. It also has high school AP classes. Their latest service is called Grockit Answers, a website that creates Q&A pages for any videos on YouTube.
Grockit passed its 10 millionth answered question milestone. Grockit is getting close to 100 million chat messages too. The website has about 1 million total registered users. About 25,000 to 50,000 are active at any given month.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry