NoRedInk Raises $50M in Series B Funding
- NoRedInk, a San Francisco, CA-based provider of a digital writing curriculum used in US school districts, raised $50m in Series B funding
- The round was led by Susquehanna Growth Equity with participation from True Ventures
- The company intends to use the funds to continue to improve its product and expand its business reach
- The company provides students in over 60% of US school districts with an adaptive writing curriculum that engages them with exercises based on their interests
- The company has a free, limited version for teachers to try, and thousands of schools request upgrades to the paid version every month
- The paid version also integrates with popular learning management systems and allows administrators to track progress at the school and district level
