Formative - Crunchbase Company Profile & Funding

Q: Who invested in Formative?

Formative has 6 investors including Fika Ventures And MaC Venture Capital.

Q: When was the last funding round for Formative?

Formative closed its last funding round on obfuscated from a Private Equity round.

Q: How much funding has Formative raised to date?

Formative has raised obfuscated.

Overview

Formative

Total Funding

obfuscation

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

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Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

Recent Milestones

Raised Funding Round

Jan 1, 1970

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About Formative

CB Rank

18501

Formative is an ed-tech company that offers a real-time assessment platform.

Acquired by

Newsela

Founded

obfuscation

Private

Private Equity

Inglewood, California, United States

11-50

formative.com/

Big Data

EdTech

Education

Software

Funding Rounds

Private Equity

OBF

obfuscation

Venture - Series Unknown

OBF

obfuscation

Pre-Seed

OBF

obfuscation

Key People

Kevin McFarland: CFO and Co-Founder
Faith Sparrow: Vice President, Client Experience & Revenue Operations

Details

Legal Name

Smartest Edu, Inc.

Also Known As

Goformative

Operating Status

Active

Company Type

For Profit

Founders

Craig Jones, Kevin McFarland

About the Company

Formative is an ed-tech company that offers a real-time assessment platform. The platform for real-time formative assessments is a free student response system for digital classrooms. Their web-based software found at goformative.com allows live data analytics on any homework, classwork, or assessment in order to help teachers, parents and schools

guarantee student growth in the moments when it matters most.

Phone Number

(513)673-8278

Predictions & Insights

Growth Insight

See this Growth Insight

Formative is

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to be growing

Top Contributing Factors

Recently Raised Funding

Growth Prediction

See this Growth Prediction

Products & Services

Formative Platform

A cloud-based platform for real-time classroom instruction, assessment, and feedback across all subjects and grade levels.

Formative AI

AI-powered tools within the platform to generate questions, practice sets, and support content creation for educators.

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Financials

Company Funding

Funding Rounds

Investors

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity

Funding Rounds

Total Funding Amount

obfuscation

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Formative	5	obfuscated obfuscation	Summit Partners	Private Equity

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
Fika Ventures	—	Private Equity Round - Formative	—
Fika Ventures	—	Private Equity Round - Formative	—
Fika Ventures	—	Private Equity Round - Formative	—
Fika Ventures	—	Private Equity Round - Formative	—
Fika Ventures	—	Private Equity Round - Formative	—