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BetterLesson

BetterLesson
2008 FOUNDED
PRIVATE STATUS
11-50 EMPLOYEES
Series B LATEST DEAL TYPE
$5.44M LATEST DEAL AMOUNT
$13.3M TOTAL AMOUNT RAISED
Description

Provider of online educational programs designed to empower teachers to drive their own professional learning. The company's educational programs match teachers with coaches with relevant experience to help create a learning plan individualized to the teachers most pressing classroom challenges, enabling teachers to improve their teaching skills and student performance.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Primary Office
86A Sherman Street
Cambridge, MA 02140
United States

+1 (617) 329-9130
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BetterLesson Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series B) 07-Sep-2017 $5.44M $13.3M 000.00 Completed Generating Revenue
4. Later Stage VC 22-Oct-2015 000 00.000 000.00 Completed Generating Revenue
3. Grant 19-Nov-2012 00.000 00.000 Completed Startup
2. Early Stage VC (Series A) 29-Sep-2011 $1.6M $1.86M $4.95M Completed Startup
1. Debt - General 27-Mar-2009 $259k $259k Completed Startup
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BetterLesson Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A2 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 1,374,470 $0.001000 $2.32 $2.32 1x $2.32 12.2%
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BetterLesson Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
General Catalyst Partners Venture Capital Minority 000 0000 000000 0
Highland Capital Partners Venture Capital Minority 000 0000 000000 0
Individual Investor Angel (individual) Minority 000 0000 000000 0
Michael & Susan Dell Foundation Not-For-Profit Venture Capital Minority 000 0000 000000 0
New Markets Venture Partners Venture Capital Minority 000 0000 000000 0
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BetterLesson Executive Team (10)

Name Title Board
Seat
Contact
Info
Alexander Grodd Co-Founder and Chief Executive Officer
Edward Rayner Chief Financial Officer
Erin Osborn Co-Founder and Chief Operating Officer
Don Fabricant Chief Revenue Officer
Abbey Moss Director, Partner Success
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BetterLesson Board Members (6)

Name Representing Role Since Contact
Info
Elizabeth Chou New Markets Venture Partners Board Observer 000 0000
Jami O'Toole Michael & Susan Dell Foundation Board Member 000 0000
Jennifer Carolan NewSchools Venture Fund Board Member 000 0000
Victor Patterson Self Board Member 000 0000
Vinay Mohta Self Board Member 000 0000

1 Former Board Members

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