Mark Zuckerberg Makes First Known Investment in Startup
Facebook CEO Mark Zuckerberg is making his first known investment in a startup, a firm called Panorama Education that uses data analysis to attempt to improve education.
The Cambridge, Mass.-based Panorama announced Monday that it raised $4 million in seed funding led by Zuckerberg’s Startup: Education fund. Other investors include Jeff Clavier’s SoftTech VC, Google Ventures, Ashton Kutcher‘s A-Grade Investments and Yale University.
Panorama claims to be the only company providing a survey and analytics platform specifically designed for K-12 schools. The company applies “data-driven solutions” to educational issues. The platform is being used in more than 4,000 schools serving more than 1 million students.
Aaron Feuer co-founded the company while still an undergrad at Yale. “Our schools weren’t using feedback from teachers, parents, and students effectively,” he said in the press release. “There was a missed opportunity to understand everyone’s experiences and learn what wasn’t working. This data is extremely important when addressing issues such as parent involvement, bullying prevention, school safety and student engagement.”