Tailor-ED closes extension of Israel-led funding round
New funding will support scale-up of Tailor-ED’s award-winning personalized education platform
About Tailor-ED: Tailor-ED improves student outcomes and well-being through personalized instruction. State-of-the-art artificial intelligence optimizes student assessment and determines ideal educational content. Tailor-ED improves student outcomes while reducing teacher workload. https://www.Tailor-ED.com
About Lucas Venture Group: LVG’s portfolio spans life science, cybersecurity, AI / ML, social purpose, e-commerce, fintech, and transformative medical device companies. The unique network, cultivated over decades of involvement in the risk space, produces exceptional access to financial and intellectual capital for entrepreneurs. Since early 2020, LVG has been managed by Sarah Lucas, who is the general partner of her late husband’s firm. Sarah’s unique background and extensive network extends beyond Silicon Valley to the entertainment world and her knowledge and skills as a three-time founder are invaluable. In addition to her role at LVG, in January 2021, she became Celesta’s first female associate to lead their diversity efforts. Current assets under management amount to $ 75 million. https://www.lucasvg.com
Tel Aviv, Israel and Fort Collins, Colorado, September 15, 2021 (GLOBE NEWSWIRE) – Adapted today announced the closure of an extended tour de table led by Israel – Colorado Innovation Fund and Lucas Venture Group. The round was joined by existing investors Benson Oak Ventures, Symbiosis Technology and the private investors who invested in the first seed round with Y Combinator.
Adapted has developed a proprietary software solution that takes advantage of artificial intelligence to personalize all educational content based on both students’ socio-emotional preparation as well as academic success. This offers immense benefits to all stakeholders in the education ecosystem – teachers, students, parents and content providers. Educators can easily create short assessments to understand both the socio-emotional and academic needs of students, as well as receive personalized recommendations as to the most effective teaching resources for each student, for each lesson.
Tailor-ED is now launching its new Exit Ticket Generator and the world’s largest library of smart resources for the new school season. Tailor-ED’s innovative product capabilities save teachers hours and help them better understand the needs of their students who, in turn, benefit from effective learning experiences designed especially for them. The smart library integrates content from multiple sources, including over 40 Tailor-ED content partners who enjoy valuable user exposure as well as material effectiveness data for long-term development.
âTailor-ED’s innovative technology to ingest different sources of content to continuously assess what is the most effective learning content for students is the first of its kind. The potential to be able to compare the effectiveness of learning content at scale really fulfills the vision of driving more effective learning experiences and I’m excited to join the founders’ journey, âsaid Sarah Lucas, General Partner, Lucas Venture Group.
âThe two co-founders have computer science degrees from major Israeli universities and masters from Stanford University. , the socio-emotional state of children and not just learning skills while teaching in the classroom â, according to Gili Elkin, General partner, Israel – Colorado Innovation Fund.
âWe are very happy to partner with Israel – Colorado Innovation Fund and Lucas Venture Group on our path to transforming the educational experience for students and teachers, âsaid Maayan Yavne, Co-Founder and CEO of Tailor-ED. âWe look forward to expanding our business into the US market and implementing our technology in K-12 schools in the US,â said Yael Haramaty, Co-Founder and CTO at Tailor-ED.
Using machine learning and unique data from Tailor-ED, the solution can identify different groups of learners based on multiple learning dimensions, predict student progress, and tailor lessons for individual students. and entire classes. The end result is increased learning efficiency through a more personalized, student-centered approach that is not based solely on achievement.
Innosphere Ventures partners with the Israel – Colorado Innovation Fund and has worked closely with numerous national and international companies supporting them with individualized growth acceleration packages. This assistance is focused on the most pressing areas within companies and, in many cases, includes product marketing services for the United States market. âTailor-ED’s solution will deliver significant value not only to students, teachers and educational institutions, but also to content developers,â said Tim Jones, general partner of Israel – Colorado Innovation Fund.
âAs the first investors in Adapted, we witnessed first-hand as Maayan and Yael overcame the pressures of Covid-19 on the education ecosystem to continue to develop their personalized platform to promulgate their vision that every student has need – and deserve – a personalized approach to learning, âsaid Robert Cohen, CEO of Benson Oak Ventures, âWe are delighted that such value-added investors are joining the shareholder group and supporting Tailor-ED to become the leading personalized education platform. “
âWhile our cutting edge technology is at the heart of what we do, the primary driver of our product development are educators. Most of our team are former teachers and we believe that in order to really disrupt this market you need to be as close to the pitch as possible. possible and to have an incredible team with you. Fortunately, we have both, âsaid Haramaty.
With over 100,000 students on the Tailor-ED platform and partnerships with over 40 content providers, Tailor-ED works with teachers, schools and content providers to deliver their vision to ensure that every student has the most effective learning experience.
For more information on Israel – Colorado Innovation Fund, contact Tim Jones at +1 970.221.1301 [email protected]. For more information on Adapted, contact CEO Maayan Yavne at +972054.215.5500 [email protected].
About Israel – Colorado Innovation Fund:
Israel – Colorado Innovation Fund is a US-based venture capital fund that invests in early stage Israeli companies and supports their expansion into the US market. ICI Fund draws on the expertise of Innosphere Ventures, Colorado’s leading technology incubator. ICI Fund was created to commercialize advanced Israeli technologies in Colorado and beyond. https://www.ici.fund/
CONTACT: Tim Jones, General Partner Israel â Colorado Innovation Fund (ICI Fund) +1970.221.1301 [email protected]