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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.

Business keywords: 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 Undisclosed 1
PSG Equity
PSG Equity
21 Mar 2024
Series B $2.50M 10
Service Provider Capital University Ventures Wintrust Ventures
Service Provider Capital, University Ventures +8
29 Jan 2019
Series A $4.20M 5
Service Provider Capital University Ventures Wintrust Ventures
Service Provider Capital, University Ventures +3
31 Jan 2018
Seed Round $1.50M 2
University Ventures
University Ventures, ICG Ventures
19 Sep 2017
Seed Round $1.50M 10
Wintrust Ventures Hyde Park Angels Listen Ventures
Wintrust Ventures, Hyde Park Angels +8
09 Jun 2015
Seed Round Undisclosed -
01 Jan 2015
Seed Round $1.00M 5
Listen Ventures Lakewest Venture Partners JumpStart Ventures
Listen Ventures, Lakewest Venture Partners +3
12 Aug 2014
Venture Round Undisclosed 2
Lakewest Venture Partners JumpStart Ventures
Lakewest Venture Partners, JumpStart Ventures
01 Oct 2013

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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 Big Data, Education and Human Resources. Its work centres on AI-powered, education technology, online discussion platform and writing and research tutor.
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 SchooLinks, iDreamCareer.com, COPRIX media LLC, TiiQu . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Packback and SchooLinks 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.

Source: BounceWatch company record for Packback, https://bouncewatch.com/company/packback, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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