Updraft Education Group Leads Pre-Seed Investment in Adaptive Reader
January 23, 2025
Adaptive Reader, an education-technology platform focused on reading accessibility, closed an oversubscribed pre-seed round led by Updraft Education Group with participation from Transcend Fund, WJG Investments and several education industry executives. The funding will accelerate the company’s expansion of multilingual and leveled text offerings, publisher partnerships, print-on-demand capabilities, and its AI-powered platform.
- Buyers
- Updraft Education Group, Transcend Fund, WJG Investments, Beri Akian, Joe Holland, Scott Kinney, Eli Luberoff, Lisa O'Masta, Jeff Patterson, Ben Powell
- Targets
- Adaptive Reader
- Industry
- Education
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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