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Packback logo — Helping students become fearlessly curious through AI-powere...

Packback

Helping students become fearlessly curious through AI-powered online discussion. TIME World's Top EdTech Companies 2024

Founded 2014 United States Chicago, United States 153 employees Private Equity Total: $10.70M Big Data, Education +1

General Information

Company Name Packback
Founded Year 2014
Location United States Chicago, United States
Employees 153
Industries Big Data, Education, Human Resources
Funding Stage Private Equity
Social

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About Packback

Packback is a leading education technology company based in Chicago, Illinois, founded in 2013. It has been recognized as a TIME World's Top EdTech Company 2024. Packback's mission is to utilize the potential of AI to assist educators in implementing high-quality pedagogy at scale. Their AI-powered platform, including Packback Questions and Packback Deep Dives, aims to help students develop critical skills such as critical thinking, writing, and research, thereby empowering them to find and utilize their unique voice through mastery-based learning. Packback believes in proactive support for students and aims to change educational outcomes by investing in every coachable moment pre-submission. Their ultimate purpose is to help every student nurture their unique voice and writing skills. The company received a Private Equity Round investment on 21 March 2024 from PSG Equity. Packback operates mainly within the realms of Big Data and Education. Their commitment to leveraging AI to enhance education and prioritize student development positions Packback as a promising prospect in the EdTech industry that warrants significant attention from potential investors.

Taxonomy: AI-powered, education technology, online discussion platform, writing and research tutor, pedagogy, Chicago-based company, critical thinking skills, personalized learning, Instructional AI, mastery based learning, social learning platform, quantifying skills, college professors, student empowerment, edtech innovation

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round Unknown 1
PSG Equity
21 Mar 2024
Series B $2.50M 10
Service Provider Capital University Ventures Wintrust Ventures Hyde Park Angels Listen Ventures Wildcat Capital Management JumpStart Ventures
Mark Tebbe, Mark Achler +1 		29 Jan 2019
Series A $4.20M 5
Service Provider Capital University Ventures Wintrust Ventures Wildcat Capital Management
Mark Cuban 		31 Jan 2018
Seed Round $1.50M 2
University Ventures
ICG Ventures 		19 Sep 2017
Seed Round $1.50M 10
Wintrust Ventures Hyde Park Angels Listen Ventures SeedInvest Lakewest Venture Partners
Shu Duan, Matthew Saverin +3 		09 Jun 2015

View All 8 Funding Rounds

Packback Alternatives & Competitors

Packback vs
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FAQ About Packback

Helping students become fearlessly curious through AI-powered online discussion. TIME World's Top EdTech Companies 2024
Packback was founded in 2014.
Packback is headquartered in Chicago, United States.
Packback operates in the following industries: Big Data, Education, Human Resources.
Packback has approximately 153 employees.
Packback has completed 8 funding rounds, raising a total of $10.70M. The latest funding stage is Private Equity.
Top alternatives and competitors to Packback include Picardy Learning, CORE Higher Education Group, Illume Technology, Kloodle, EDU. A degree smarter. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Packback and Picardy Learning are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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