FirstMark Capital

  • 1M Users Strong, Schoology Grabs $6M To Take On Blackboard, Moodle

    1M Users Strong, Schoology Grabs $6M To Take On Blackboard, Moodle

    Schoology, the makers of a one-stop, cloud-based learning management system for primary and secondary schools, is announcing today that it has closed a $6 million Series B round of venture funding. The round was led by FirstMark Capital and includes a contribution from existing investor Meakem Becker Venture Capital, bringing the New York-based startup’s total funding to $9.3 million. Read More

  • StraighterLine Nabs $10M To Make College More Affordable Through Online Education

    StraighterLine Nabs $10M To Make College More Affordable Through Online Education

    A year ago, Peter Thiel called it a bubble. Whatever you call it, the cost of attaining a college degree has skyrocketed to the point of absurdity — to the point of one trillion red flags. Student debt in the U.S. recently pushed over $1 trillion, and the average debt per student now stands at more than $25K. (And 30 percent of students are more than 30 days overdue on payments.)… Read More

  • BMW Teams Up With, Invests $5 Million In MyCityWay

    Auto maker BMW recently established a New York-based venture capital firm dubbed BMW i Ventures that it seeded with $100 million to seek out partnerships that might facilitate BMW-i product adoption in urban markets. BMW-i is a BMW sub-brand solely focused on developing and producing sustainable mobility vehicles. Its first investment was made public this week: BMW pumped $5 million into… Read More

  • Snooth Founder Launches Private Sales Site For Fine Wine, Raises $3 Million

    Exclusive – Discerned wine buyers, heads up. Philip James, who founded major wine site Snooth.com, has teamed up with entrepreneur Kevin Fortuna to launch an online private sales club that enables members to purchase fine wines straight from their producers. Dubbed Lot18, the fledgling company has just landed a $3 million Series A round of funding led by NYC-based VC firm FirstMark… Read More

  • Venture Capitalists Get Grilled (And Pitched At Urinals) At #TCDisrupt

    It doesn’t always have to be the venture capitalists grilling the entrepreneurs – at TechCrunch Disrupt, we’ve disrupted that notion (see what I did there?) and hosted an open-mic session for entrepreneurs to challenge VCs, live and uncensored. The investors in question were Mark Davis (Associate at DFJ Gotham Ventures), Rick Heitzmann (Managing Director, FirstMark… Read More

  • Educational Technology Company Knewton Scores $12.5 Million More

    Online educational technology startup Knewton has completed a $12.5 million round of funding led by New York City-based VC firm FirstMark Capital, after securing a $6 million Series B round of financing a little over a year ago. Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman, who are bringing the total of capital… Read More

  • Conductor Raises $10 Million For SEO Management And Optimization Technology

    Conductor, a New York-based provider of SEO measurement and optimization solutions, has raised a Series B round of funding to the tune of $10 million, led by Matrix Partners and joined by FirstMark Capital, who led the startup’s Series A financing. Conductor markets technology which aims to empower online marketers and interactive agencies to gather reliable data on their SEO efforts… Read More

  • Pequot Ventures Spun Off As FirstMark Capital

    Pequot Ventures, the $2 billion venture arm of hedge fund Pequot Capital Management, is being spun off as a separate business and renamed FirstMark Capital. Over the past dozen years, the venture firm has opened seven funds, and it currently has $1 billion in actively managed and unallocated capital. The fund focuses on emerging media and advertising, data and analytics, and… Read More