Schoology
Learning management system
From Wikipedia, the free encyclopedia
Schoology is a learning management system for schools and businesses, targeted mainly at schools. It is similar to the platform Google Classroom.
- Jeremy Friedman
- Ryan Hwang
- Tim Trinidad
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| Founded | May 1, 2009 |
|---|---|
| Owner | PowerSchool (owned by Bain Capital) |
| Founders |
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| URL | www |
| Current status | Active |
Company History
Schoology was designed by Jeremy Friedman, Ryan Hwang, and Tim Trinidad in 2007 while studying at Washington University in St. Louis.[1] Originally designed for sharing notes, features were gradually added and modified.
Schoology secured its first round of equity financing, totaling $1,250,000, with an investment of unknown origin in 2009 and an investment by Meakam Becker Venture Capital in June 2010. In 2012, Schoology raised $6 million in a round led by Firstmark Capital; in 2014, Schoology raised $15 million in a funding round led by Intel Capital;[2][3] in November 2015, Schoology raised $32 million in a funding round, led by JMI Equity.[4]
In November 2013, Schoology had over 7.5 million users across about 60,000 schools.[5]
Schoology was acquired by PowerSchool (owned by Bain Capital) in November 2019. [6]
Functions
Among Schoology's features are attendance records, grades, exams, and homework. The interface consists of a list of task and links to folders and assignments for students. [7] Schoology can be integrated with the school's current grading system.[8] Visually, Schoology is very similar to the environment of many social networks. It has permanently replaced the uses of other virtual classrooms in classrooms all around the world and serves as a way to distribute digital assignments and announcements to students.[9]