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Reading: PopUp School Raises $540k in Pre-Seed Round to Accelerate Growth
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Home > News > PopUp School Raises $540k in Pre-Seed Round to Accelerate Growth
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PopUp School Raises $540k in Pre-Seed Round to Accelerate Growth

Shalini-pathak
Shalini Pathak Published Jan 27, 2023
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Popup School Raises 0k in Pre-seed Round to Accelerate Growth
PopUp School Raises $540k in Pre-Seed Round to Accelerate Growth
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PopUp School, an EdTech platform revolutionizing the way 8-11 grade students learn Algebra 1, Geometry, and English Language & Arts, announced that it has raised over $540,000 in its pre-seed round led by Vahe Kuzoyan, President & Co-Founder at ServiceTitan® – the leader in field service management software platform powering trades businesses. The company is valued at $6 million.

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The funding round also witnessed participation from other investors including Cal Henderson, Co-founder, CTO of Slack; Leslie Lee Gildea, VP, Social Impact at ServiceTitan®; Vahe Petrosyan, Founder, CEO of Logicon Development LLC from Angel Investor Club of Armenia; Nareg Arslanian, Managing Director of Arslanian Group, and Artur Nazinyan, Founder and CEO of Alconsa Polska and STAN (Science and Technology Angels Network). The EdTech firm was self-funded in earlier rounds.

With the fresh capital, the company plans to accelerate growth, recruit additional licensed teachers nationwide, and boost student subscriptions.

Co-founded by Suren Aloyan and Areg Sakanyan in 2021, PopUp School’s mission is to support students’ individual learning needs by offering lessons designed to meet their unique learning preferences. With access to over 300+ premium Algebra 1, Geometry, and English Language & Arts lessons tailored to individual learning styles and needs, it is designed to help students unlock their full learning potential.

The platform offers over 900 quizzes, 300 premium, multimedia, interactive, personalized lessons and over 900 educational videos that impact student learning. Lessons, reviewed and approved by the PopUp School Content Operations Team, are matched to nearly 8,000 enrolled 8-11 graders’ learning style(s). With over 500 lessons purchased over the past year, overstressed parents investing $43.95 per month in subscription, see improved academic progress in their child’s Math and ELA courses.

Commenting on the funding, Co-founder & CEO of PopUp School, Suren Aloyan, said:

We are delighted that Vahe Kuzoyan, Cal Henderson and other investors have put their trust and confidence to help accelerate PopUp School’s go-to-market strategy, expanding our EdTech platform’s national reach, a 2021 World Economic Forum Young Global Leader, and the Founding President of the award-winning, Armenia-based Dasaran Ed-Tech Company, with over 1.2 million user- base.”

Aloyan further added:

As we change the paradigms of education from one-size-fits-all education, to understanding that every child learns differently, we empower students to unlock their true learning potential – learning at their own pace and on their own terms. If 82% of U.S. high school students struggle with Algebra 1, then the way they’re taught needs to change. 

Algebra 1, the most failed high school course nationwide, remains PopUp School’s top purchased lesson. The startup has helped over 24,000 students identify their dominant learning style. Over 1,100 licensed US teachers use the platform’s comprehensive Lesson-Builder and earn a 50% revenue sharing income for every purchased lesson.

President & Co-founder, ServiceTitan®, Vahe Kuzoyan, added:

PopUp School’s intuitive platform provides best-in-class tools that empower teachers to engage students in a personalized learning journey at their own pace. Matching teaching with individual learning styles is a game changer in the EdTech industry as it directly focuses on closing learning gaps and accelerates learning for students.

TAGGED: EdTech Funding, EdTech Investors, EdTech Startups/Companies, High School, K-12, Online Courses, Online Education
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Shalini-pathak
Posted by Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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