Stealth educational startup Grockit raises $8M more

Grockit, a San Francisco-based educational startup, has raised an additional $8 million, led by Integral Capital Partners with previous investor Benchmark Capital participating.

The company has been working on a product since last year, but has managed to keep the details close to its chest. Last July, we reported that it had raised $2.7 million from Benchmark.

Grockit was started by Farbood Nivi, a former exam prep teacher for Kaplan, a major test maker for all levels… Continue Reading

Grockit raises $2.3M for online test preparation

Grockit, a San Francisco company that helps students prepare for tests online, has raised $2.3 million of a planned $2.7 million first round of capital, according to a regulatory filing cited by PE Wire.

Benchmark Capital led the deal, with Mitch Lasky taking a board seat.

We bumped into Grockit founder Farbood Nivi a few months ago, and he told us he was about raise funding for his project. He’s been teaching exam prep for Kaplan… Continue Reading