Panorama Education, a US-based education data analytics provider backed by internet and technology conglomerate Alphabet, has closed a $16m series B round led by philanthropic organisation Emerson Collective.
Venture capital firms Spark Capital, Owl Ventures and Uncork Capital (formerly SoftTech VC) also contributed to the round, along with philanthropic investment vehicle Chan Zuckerberg Initiative.
Founded in 2012, Panorama administers student questionnaires and uses the data collected to help schools and teachers better understand student growth by tracking social skills, emotional development, family engagement and academic achievement.
Students complete the questionnaires using the company’s online platform, which must also be integrated with their school’s systems. The company will use the funding to invest in data integration, expand its product team and fill other key positions.
Panorama raised $12m in a 2015 series A round that included Google Ventures, the Alphabet corporate venturing subsidiary now known as GV, as well as Y Combinator, Spark Capital, Owl Ventures and Startup:Education.
GV had previously participated in the company’s $4m seed round in 2013 alongside SoftTech VC, Startup:Education, A-Grade Investments and Yale University.
Aaron Feuer, CEO and co-founder of Panorama, said: “Great schools go beyond English and math to help grow every aspect of the child, from social-emotional development to love of learning.
“Thousands of schools are embracing Panorama to help achieve this vision for every student and this funding will help us expand and deepen this work.”
– Photo courtesy of Panorama Education.