About FreshGrade
FreshGrade is a company based in Kelowna (Canada) founded in 2012 was acquired by Higher Ground Education in April 2021. FreshGrade has raised $15.9 million across 2 funding rounds from investors including Accel, Social Capital and Higher Ground Education. FreshGrade operates in a competitive market with competitors including Padlet, Kami, CLASSUM, Stellar Labs and Mindsmith, among others.
- Headquarter Kelowna, Canada
- SectorsEducation
- Website freshgrade.com
- Social LinkedIn X Facebook
- Acquired by Higher Ground Education (Apr 2021)
- Total Equity Funding$15.9M (USD)
in 2 rounds
- Latest Funding Round$11.6M (USD), Series A
May 2016
- InvestorsAccel
& 6 more
- Acquired byHigher Ground Education
(Apr 2021)
Funding Insights of FreshGrade
FreshGrade has successfully raised a total of $15.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.6 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.9M
- Total Rounds 2
- Last Round Series A — $11.6M
- First Round $4.3M
(Aug 2014)
- Investors Count 6
All 2 funding rounds of FreshGrade with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | $11.6M | Series A | – | Relay Ventures | |
| Aug 2014 | $4.3M | Seed | – | NewSchools Venture Fund |
7 investors in total: 7 institutional.
Investors in FreshGrade
FreshGrade has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Social Capital and Higher Ground Education.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments are provided by Relay Ventures. | – | relayventures.com | Toronto, Canada | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
US focused early stage venture capital firm | – | reachcapital.com | San Francisco, United States | |
US Edtech companies are invested in by NewSchools Venture Fund. | – | newschools.org | Oakland, United States | |
US focused VC firm investing in seed & growth stage companies | 2011 | socialcapital.com | Menlo Park, United States | |
- | – | emersoncollective.com | - | |
Early childhood Montessori education is provided and managed for investors. | 2016 | tohigherground.com | Lake Forest, United States |
Investor details for FreshGrade
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of FreshGrade
1 people are tracked at FreshGrade (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chris Besse | – | Leadership |
Complete people profiles for FreshGrade
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FreshGrade
4 dated milestones of FreshGrade across 9 years, from founding to its latest funding, stage changes and deals.
- Founded FreshGrade is founded.
- Funding First funding round of $4.3M.
- Funding Latest funding round, Series A, of $11.6M.
- Exit Acquired by Higher Ground Education.
Competitors of FreshGrade
FreshGrade operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Padlet, Kami, CLASSUM, Stellar Labs and Mindsmith, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| padlet.com | 2008 | San Francisco, United States | $1.34M | 26 | Cloud-based whiteboarding is facilitated for collaborative content creation across devices. | |
| kamiapp.com | 2013 | Auckland, New Zealand | $1.02M | – | PDF and document annotation app for classroom collaboration is offered. | |
| classum.com | 2018 | Seoul, South Korea | $17M | – | Digital learning platform for classroom communication and engagement is provided. | |
| stellarlabs.io | 2019 | Antwerp, Belgium | $2.04M | 3 | AI learning design tool and learning transfer platform | |
| mindsmith.ai | 2022 | Provo, United States | $4.69M | – | Online platform offering AI-assisted learning solutions for professionals | |
| colearn.com | 1999 | San Mateo, United States | – | – | Collaborative learning tools are provided for parents and teachers. | |
| groupboard.com | 2009 | Ladysmith, Canada | – | – | Collaborative online whiteboard software for tutoring, education, and real-time collaboration. | |
| benchfly.com | 2007 | Nashville, United States | – | – | Provider of online collaborative platform |
Detailed competitors of FreshGrade
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
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Web traffic of FreshGrade
Websites that share an audience with FreshGrade (freshgrade.com).
Websites whose visitors overlap most with FreshGrade. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
edumail.vic.gov.au | edumail.vic.gov.au | 100% | – | #826,194 | – |
| schoology.com | 100% | 61.4M | #761 | View details |
Latest news on Freshgrade
Complete news archive for FreshGrade
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to FreshGrade
10 companies that operate in the same segment as FreshGrade (Education Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 311.77 M | USD 415.66 M | 10,293 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 106.21 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.32 M | USD 43.22 M | 1,149 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about FreshGrade
FreshGrade was founded in 2012 and raised its 1st funding round 2 years after it was founded.
FreshGrade is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
FreshGrade is a funded company, having raised a total of $15.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.3M, raised on Aug 2014.
FreshGrade is a web and mobile-based app which targets parent, student and teacher communication and reporting through a digital portfolio. Teachers can add learning outcomes and capture best practices for collaboration, send reports on childs progress to parents, communicate announcements to kids and more. Students can self-document their achievements and progress, post comments on their and others achievements and more. Parents can keep track of their children and communicate with teachers for better development of kids. Available in iOS Appstore.
FreshGrade has 7 investors. Key investors include Accel, Social Capital, Higher Ground Education, Relay Ventures, and Emerson Collective.
Yes. FreshGrade was acquired by Higher Ground Education in April 2021.