MagicSchool raises $45 million Series B for AI tools for teachers
- Event date
- Published on WAC News
MagicSchool, a Denver company that builds generative AI tools for teachers and students, announced a $45 million Series B round on February 11, 2025. Valor Equity Partners led the investment.
Bain Capital Ventures, Adobe Ventures, Atreides Management and Smash Capital also participated. The round followed a $15 million Series A. MagicSchool said the funds would go toward larger product and engineering teams, additional AI features, closer partnerships with schools and districts, and a bigger customer experience group. The company also said it would spend more on product testing and expand the team dedicated to safety and responsible use.
When it announced the round, roughly 18 months after launch, MagicSchool reported that 6 million educators had signed up and that it had partnerships with more than 10,000 schools, with users in 160 countries. Local outlet BusinessDen reported that the software helps teachers with routine tasks such as generating rubrics and slideshows and had grown from seven or eight features to more than 70. It added that the company was founded in early 2023, employed about 85 people and had moved to a new office in Denver's Uptown district.
Why it matters
A sizeable round for a teacher-focused generative AI platform indicated how quickly classroom AI assistants were being taken up by schools, and how much capital was flowing toward them.
Key facts
- $45 million Series B announced February 11, 2025
- Led by Valor Equity Partners
- Other investors: Bain Capital Ventures, Adobe Ventures, Atreides Management, Smash Capital
- 6 million educators signed up and partnerships with 10,000+ schools
- Prior Series A of $15 million
Organisations in this story
- MagicSchool AI
- Valor Equity Partners
- Bain Capital Ventures
- Adobe Ventures
Sources
- MagicSchool raises $45M in Series B to transform teaching and learning with AIMagicSchool · February 11, 2025
- AI teacher's assistant raises $45M, moves from RiNo to UptownBusinessDen · February 13, 2025
This is an independent summary written by the WAC editorial team from the published sources listed above. It describes the situation on the event date. The organisations named are not affiliated with the World Assessment Council and have not reviewed this summary. How WAC News works · Send a correction
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