Dive Brief:
- Panorama Education announced Monday a $4 million round of seed funding that it will use to expand its survey services, which measure performance in areas like learning and social inclusions to provide insight to teachers and administrators.
- The startup is notably the recipient of the first national equity investment by Startup:Education, a foundation led by Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan.
- Other investors include SoftTech VC, Google Ventures, Ashton Kutcher’s A-Grade Investments and Yale University.
Dive Insight:
Aside from its expansion of Panorama's big data efforts, this funding round is particularly notable for its inclusion of the first equity investment from Startup:Education. Mark Zuckerberg's foundation previously had one other investment, $100 million donated to the city of Newark's school system three years ago, so it will be interesting to see how the Facebook billionaire's education investments grow going forward.