Magic School has filed a notice of an exempt offering of securities to raise $17,866,378.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Magic School is raising up to $17,866,378.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Adeel Khan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Magic School
Using the magic of AI to help teachers lesson plan, level texts, write assessments, proofread, give feedback, communicate clearly, and more. More than four in ten K-12 teachers in the U.S. (44%) say they “always” or “very often” feel burnt out at work—outpacing all other industries nationally. (Gallup) At the core of teaching is interacting with a child to help them grow—a deeply human, demanding, and complex responsibility. But today, teaching requires an unreasonable amount of work behind the scenes, much of it repetitive and tedious. We are a team of lifelong teachers and principals. We’ve not only taught in classrooms, we’ve also spent countless hours doing behind-the-scenes work for our students, like adapting texts to different levels, writing exemplars, and emailing families. We know firsthand just how much work teachers do outside the classroom in an effort to make our time in front of students count. That’s why we created MagicSchool.ai. We’re here to help lighten the load, so teachers can save their energy for where they shine best—in the classroom, in front of students.
To learn more about Magic School, visit http://www.magicschool.ai/
Contact:
Adeel Khan, Chief Executive Officer
703-303-8056
https://www.linkedin.com/in/adeelkh/
SOURCE: http://www.intelligence360.io
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