TEAMology, an international leader in K-8 social-emotional support solutions, has announced that it has raised $1.2 million in a seed round led by VC 414 (based out of Milwaukee, Wisconsin) with additional contributions from Supes’ Fund, White Rose Ventures, 1855 VC, and Product 10X. This is a significant milestone in the company’s journey, underscoring the confidence and enthusiasm of EdTech investors in its vision and potential.
Established in 2016, TEAMology launched as one of the first companies to emerge from Penn State University’s Invent Penn State commercialization ecosystem. Since its inception, the platform has focused on better understanding how to develop a personalized solution to meet students’ social, emotional, and mental health needs. This research and development led to the creation of what is now known as TEAMtalk – an AI + human technology that allows kids to directly connect and be supported by the six TEAMology characters that grow with them.
Commenting on the funding, Linsey Covert, Founder and CEO of TEAMology, said:
We are ecstatic about this new chapter and the confidence and support we’ve received from our investors. This investment validates our business model and empowers us to advance our mission of providing access to quality social, emotional, and mental health support for our K-8 students. We are committed to leveraging these funds to drive innovation and deliver unparalleled value to our users. The education world needs the unwavering support of trusted partners to support all students and staff at a time when mental health and wellness should be a priority for effective learning.
TEAMtalk offers a scalable machine learning + human approach to engage directly with children. Its student-facing solution creates a safe, non-threatening, non-judgmental space for children to express themselves and their concerns. It identifies the need for triage and can be an extension of the in-school support team to mitigate challenges before they escalate and become more significant. It provides insights for individual students and classrooms, and it can be beneficial school-wide in helping educators identify the major challenges students are discussing and trends over time.
Jennifer Abele, managing partner at VC 414, added:
Our team loved TEAMology’s student-first approach and focus on social, emotional, and mental health outcomes. Current customers’ feedback excites us that this platform is a winning solution for teachers, counsellors, students, and their families. We’re backing a brilliant team that is deeply versed in holistic student well-being and EdTech sales.
The funding will help TEAMology accelerate its growth, both in terms of TEAMtalk product marketing development and talent expansion in the K-8 EdTech arena and the team’s ability to carry out its vision.
