TeachNow an online alternative teacher certification program initiated a first close on its $1 million equity offering. The company placed 3% or $30,000 with six investors. The company started to sell its securities six days ago.
TeachNow develops and markets an online teacher prep focusing on effective and practical teaching leveraging digital tools and resources, virtual classroom, project work and clinical experience. Two curriculum are offered, one for $6,000 for the certification and the other for $23,800 for the master’s degree. The platform has a parnership with the University of the Pacific.
The company, headquartered in Washington DC, was founded in 2012 by Emily Feistritzer one of the nation’s foremost analysts of alternative teacher certification programs. The executive team includes Emily Feistritzer (CEO) and Kunali Sanghvi (Chief Learning Officer). The board of directors includes Richard Feistritzer.
Status: First close
Industry: Other Technology
Amount offered: $1 million
Amount placed: $30,000
First sale: 12/31/13