马克·扎克伯格在Ed-Te把他的钱ch StartupThe Facebook co-founder co-led a $4 million round in survey startup Panorama Education in what appears to be his first national equity investment through his foundation Startup:Education.

ByAndrea Huspeni

Opinions expressed by Entrepreneur contributors are their own.

Reuters
Mark Zuckerberg

Facebook co-founder Mark Zuckerberg is spreading his wealth with what appears to be his first national equity investment through his foundationStartup:Education. The lucky startup isPanorama Education, a Cambridge, Mass.-based company that utilizes surveys among teachers, students, administrators and parents to garner feedback and provide findings to the school district.

"We are using technology to address some of the most difficult problems in education," Panorama Education co-founder Aaron Feuer said in a statement. "We are tremendously excited to have Mark Zuckerberg involved because of his passion for technology and education."

Zuckerberg, along with his wife Priscilla Chan, co-led the $4 million seed round with Jeff Clavier of SoftTech VC and had participation from Google Ventures, Ashton Kutcher's A-Grade Investments and Yale University.

Related:Facebook Facepalm: In Big Real-Estate Buy, Mark Zuckerberg Seeks Personal Privacy, Then Removes Online Privacy Feature

"Priscilla and I are excited to support Panorama Education and its mission. Their company is an exciting example of the way technology can help teachers, parents and students make their voices heard," said Zuckerberg in a statement.

The funds will be used for analytics tools and free services for teachers. It has also beenreportedthat Panorama Education plans on using the capital to expand its footprint in the U.S. and launch in the international market.

Related:Inside the Competitive Mind of Billionaire Mark Zuckerberg (Infographic)

Panorama Education was founded in 2010 by Feuer, along with Xan Tanner and David Carel -- all Yale undergraduates at the time. Panorama Education claims it works with 4,000 schools serving more than one million students. They are looking to tackle such issues as bullying, safety and student engagement, while also providing a platform for teacher growth.

The startup makes money through annual licenses paid by the school districts ranging from $200 for small locations to hundreds of thousands of dollars for larger areas. So far the Panaroma Education counts the Los Angeles Unified School District and Connecticut State Department of Education among its clients.

Wavy Line
Andrea Huspeni

Founder of This Dog's Life

Andrea Huspeni is the former special projects director at Entrepreneur.com and the founder ofThis Dog's Life.

Editor's Pick

Related Topics

Business News

What Is a 'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Business Process

The Strategy You Need to Make Sure Your Company Can Keep Up in Today's Business World

Discover a superior alternative to a traditional business strategy that prioritizes adaptability, innovation and speed in execution, explores its benefits for entrepreneurs, see real-world scenarios and learn core principles and rules to propel organizations forward with clarity, simplicity and action.

Devices

This Versatile MacBook Is Only $299.97 During the Back-to-School Sale

Fid out how to get a MacBook Air that's sleek, portable, and reliable for a great price.

Business Ideas

The Top 10 Home Business Ideas for 2023

不能找出哪些企业应该launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.