Local education technology company LiveSchool has raised $1.65 million through an equity offering, according to a filing with the Securities and Exchange Commission.
The Nashville Capital Network led the round of funding.
LiveSchool offers a classroom management app to help teachers manage day-to-day classroom activities, such as tracking student behavior, contacting parents or issuing hall passes.The charter school where I work has helped LiveSchool pilot this app. (Note: some other schools in our network use student management systems from other companies.) Several other charter schools in Nashville were also involved in the beta testing of LiveSchool. I'm not sure if the company has any client schools in the district, though I'm sure that will eventually come, if it hasn't happened already.
Apps like this one that improve the flow of record-keeping and paperwork -- particularly in essential but mundane tasks like tracking demerits and hall passes -- make a big difference in managing a school. Student management systems aren't the type of reform that will be debated by the Tennessee legislature, but this is the type of nuts-and-bolts change that makes a difference in teaching kids. When data is more accessible, consistent, and easily visualized, teachers can do their jobs better.
Matt is a smart guy and I hope this money helps the company refine the product and grow. It would be great if Nashville become not only a hub for innovative schools, but innovative educational technology, too.
Note: neither I nor the network of schools where I work are formally endorsing LiveSchool. Just proud to see a cool business launch in Nashville.
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