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Search resuls for: "Chingona Ventures"


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The past few years have been tough for edtech companies. In recent months, multiple edtech startups have raised fresh funding rounds while specifically touting AI as a core part of their business model. These deals could signal that AI is ushering in a new era for edtech companies, and VCs who invest in the space are excited about the renaissance. And Ednition, also one of Donnelly's portfolio companies, provides an infrastructure-as-a-service platform for other edtech companies to improve the data that goes into their AI models. That's why it's so important to invest in ed-tech AI startups that help people rethink how they interact with technology and learn new skills necessary to successfully enter the workforce, he said.
Persons: PitchBook, VCs, Brian Dixon, Dixon, we've, Numerade, Kapoor, Katelyn Donnelly, she's, I've, you'll, Donnelly, Avalance, OpenAI, we're, ChatGPT, Ryan Craig, Craig, edtech Organizations: Business, Labs, Kapor, Partners, Chingona Ventures, TechCrunch, Kapoor Capital, Lirvana Labs, Odyssey Education, University Ventures, ACT Locations: VCs, edtech
Read previewAI has been a boom for the education space, and one startup just raised millions by convincing investors that large language models and generative AI will supercharge kids' learning. The startup, Lirvana Labs, just raised $5.3 million in seed funding from Kapor Capital, Transcend Capital Partners, and Chingona Ventures, Business Insider has learned. Lirvana Labs is betting that AI can counteract these trends. The startup's tech is available via a mobile app, which costs $9.99 monthly or $69.99 annually. Check out the 13-slide pitch deck Lirvana Labs used to raise its seed-funding round.
Persons: , Christie, Clement Pang, Pang, Christie Pang Organizations: Service, Lirvana Labs, Kapor, Partners, Chingona Ventures, Business, National Center for Education Studies, Nations Locations: Menlo Park , California, Lebanon
Suma Wealth, a 3-year-old fintech company that combines culturally relevant content and experiences with financial tools to help Latinos build wealth, raised $2.2 million in new funding. Leading the round was Radicle Impact, which was joined by Vamos Ventures, OVO fund, and the American Heart Association Impact fund. She got the idea for Suma during the pandemic when she saw its disproportionate impact on Latinos, Acevedo told TechCrunch. Along with closing the seed round, Suma announced that it had passed 1 million users on its platforms and acquired Intellecto, a platform designed to personalize users' learning experiences. Check out the pitch deck that Suma used to raise its most recent funding.
Persons: Suma, Beatriz Acevedo, Acevedo, they've, Wells Organizations: Vamos Ventures, American Heart Association, Ulu Ventures, Fund, Chingona Ventures, Business, FDIC, Suma, JPMorgan Chase, TechCrunch Locations: Wells Fargo
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