Chicago-based ESpark gets $ 25 million for its e-learning software

Photo: eSpark / Facebook

Chicago-based eSpark Learning is personalized online learning software that delivers one-on-one math and reading programs to one in four U.S. elementary schools. Founded in 2021, the company edtech aims to help students grow and get on the right path to success.

The company said on Wednesday it had raised a $ 25 million funding round led by Quad Partners. The funding comes at a time when online learning has become more important than ever as schools continue to navigate Covid-19.

“The effects of the past two years have dramatically widened the learning gaps that exist in schools across the country,” said David Vinca, founder and CEO of eSpark, in a statement. “This funding from Quad Partners will allow us to invest in our product, grow our talented team and reach more students when they need us most.”

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ESpark offers lessons developed by a team of former teachers and leverages educational research and real-time data to develop lesson plans for elementary school students.

“ESpark has achieved something rare among educational companies,” said Connor O’Keefe, director of Quad Partners, in a statement. “They’ve been able to create a product that students and teachers love while repeatedly demonstrating significant learning gains to school districts. “

According to the company’s website, eSpark is currently hiring for several remote positions, including engineers and product managers.