Jotit Secures $10M Seed Round to Transform Classroom Learning
Deal News | Jan 13, 2025 | PR Newswire Cision Jotit
Jotit, an education technology platform focused on integrating handwriting with digital learning, has successfully closed a $10 million Seed Round, led by Owl Ventures. The investment round also saw participation from key investors including Good Company VC, Cresson Management, Two Lanterns VC, One Line VC, Paul Volosov, Guy Gamzu, Amit Gilon, and MindCET Capital. Jotit's platform aims to reduce administrative burdens in classrooms while promoting distraction-free learning through advanced handwriting recognition and real-time collaboration tools. By offering a blend of traditional and digital learning methods, Jotit is gaining traction in schools across the United States, aiming to transform classroom dynamics and establish itself as a trusted brand in K-12 education. With this new funding, Jotit intends to expand its reach and further develop its technology, fostering a learning environment where the benefits of handwriting can be fully realized.
Sectors
- Education Technology
- Venture Capital
Geography
- United States – Jotit is impacting schools across the US, aligning with its focus on K-12 education in this region.
- Israel – Jotit is headquartered in Tel Aviv, reflecting its roots and initial innovation environment.
Industry
- Education Technology – Jotit operates within the ed-tech sector, focusing on enhancing classroom learning through digital tools that incorporate handwriting.
- Venture Capital – Owl Ventures' involvement signifies the role of venture capital in funding innovative educational technologies.
Financials
- $10 million – The total amount raised in Jotit's Seed Round to expand its educational technology platform.
- $2 billion – The amount of assets under management by Owl Ventures, highlighting their capacity to support education technology companies.
Participants
Name | Role | Type | Description |
---|---|---|---|
Jotit | Target | Company | A platform aimed at integrating handwriting with digital learning to improve educational outcomes. |
Owl Ventures | Bidding Company | Company | The leading investor in Jotit's seed round, specializing in the educational technology market. |
Good Company VC | Investor | Company | A venture capital firm participating in Jotit's seed round. |
Cresson Management | Investor | Company | An investment firm involved in Jotit's financing round. |
Two Lanterns VC | Investor | Company | A venture capital firm supporting Jotit's growth through this investment. |
One Line VC | Investor | Company | Another venture capital participant investing in Jotit's Seed Round. |
Paul Volosov | Investor | Person | Individual investor in Jotit's recent financing round. |
Guy Gamzu | Investor | Person | Individual investor supporting Jotit's funding round. |
Amit Gilon | Investor | Person | Investor involved in Jotit's seed round. |
MindCET Capital | Investor | Company | A venture firm participating in Jotit's Seed Round, focusing on educational technology investments. |
David Bleicher | CEO and Co-Founder | Person | CEO and co-founder of Jotit, steering the company towards innovating educational technology. |
Jenny Wang | Partner | Person | Partner at Owl Ventures, expressing excitement and support for Jotit's growth potential. |