Pochys Ventures, Inc.- Vallejo, CA.- www.lrnr.us
PRESS CONTACT: Aravind Pochiraju – email@example.com
Lrnr adaptive learning solutions company converts 70 percent of piloteers to paying customers from 18 colleges and secures Series A funding to further its mission.
November 7, 2016 – Vallejo, Calif.
Educational technology company Lrnr Adaptive Learning Solutions (Pochys Ventures, Inc.) has closed $1 million of the $2 million raised in Series A financing from Zen Group LLC, a private holding company focused on education technology investments. Lrnr is seeking additional investors to close the round.
In fall 2016, 21 colleges and universities adopted Lrnr’s (pronounced “learner”) personalized courses, which align to OpenStax college textbooks and other peer-reviewed Open Educational Resources (OER). Seventy percent of the colleges that piloted Lrnr in spring 2016 converted to paying customers for fall.
“I believe learning is very personal,” said Aravind Pochiraju, CEO of Lrnr. “But the way we educated today is anything but personal. It’s also very expensive. Lrnr is here to change that. Every Lrnr solution costs around $35, saving students over 70 percent of the cost of traditional course materials. I am proud that we have already saved students about $1 million to date.”
Lrnr delivers personalized learning experiences through its SaaS platform by using adaptive assessment, problem-solving activities and learning analytics for each individual. Every student’s learning pathway is personalized across five dimensions: pace, sequence, difficulty, mode and remedial focus.
Future plans include expanding the adaptive courseware catalog to include 24 foundational courses over the next 24 months in international markets such as UK, AU and India. In 2017, Lrnr plans to pilot personalized test prep solutions with Ratna Sagar, a large Indian publisher with a customer base of 20,000 schools.
Lrnr delivers turnkey courseware and assessment solutions for General Education courses in higher education. Content providers can also license Lrnr’s platform to build personalized learning solutions that are specific to their market needs.
More information about Lrnr is available on the company’s website at www.lrnr.us
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