Wednesday, January 18, 2017

Querium Raises $3.2M in Series B Funding Round

Querium Corporation, developer of the artificial intelligence-based StepWise Virtual Tutor software, announced today that it has raised $3.2 million in Series B funding led by previous investor Wild Basin Investments. 80% of the funds comes from previous investors including Ingram Content Group, Crossfire Holdings, and SustainVC, bringing Querium’s total financing to $4 million. Timed with the investment, EdTech industry veteran Jamie Caras has joined the Querium Board of Directors. Dr. Caras brings extensive experience in the education technology industry from his former roles as Chief Product Officer at Macmillan Learning and Founder and President of Sapling Learning. “I am honored to join the Querium Board and be part of this innovative company poised to make a dramatic impact on student learning,” said Caras. “I am excited about Querium’s mission to help all students feel successful through personalized and data-driven feedback using highly scalable technology.”