Boston-based K12 education software platform Panorama Education has raised $60 million in Series C funding led by growth equity firm General Atlantic.
Existing investors Owl Ventures, Emerson Collective, Uncork Capital, Chan Zuckerberg Initiative, and Tao Capital Partners also participated in the round.
Founded in 2012, Panorama Education’s software helps K12 schools and districts to collect and analyse data about social-emotional learning, school climate and family engagement.
Panorama Education stated it will use the funding for product development, the deepening of district partnerships, and recruiting talent.
Aaron Feuer, co-founder and chief executive of Panorama Education, said: “We started Panorama with the belief that student voice matters for building thriving school communities and for improving outcomes for students. Now, we’re building Panorama’s technology platform to be the core system helping educators drive student success and advance social-emotional learning. We’re incredibly proud that more than 1,500 school districts have decided to bring Panorama to their community to better serve every student.
“With this investment led by General Atlantic, we are excited to grow our team, in Boston and distributed across the US, in order to accelerate product development and increase our district partnerships. This investment in Panorama will help deepen the positive impacts we’re seeing in school districts, such as improving graduation rates, fewer behaviour referrals, more time engaged in learning, and stronger supportive relationships with adults and peers.”
Tanzeen Syed, managing director at General Atlantic, commented: “We are proud to back Panorama in its mission to improve holistic student outcomes. General Atlantic has long believed in the transformative power of technology within the education sector, and we view Panorama as a leader in building a differentiated digital platform to advance critical learning and development initiatives at schools across the US. We look forward to partnering with Aaron and the team to extend Panorama’s footprint and impact.”
Syed is joining the Panorama Education board of directors.
Date published: 6 September 2021