Arist, a Boston, MA-based text message learning platform, raised $1.9m in seed funding. The round was led by Acadian Ventures, Global Founders Capital and Craft Ventures, with participation from Y Combinator, Soma Capital, Emles Venture Partners, Hack VC, Rebel Fund, Liquid 2 Ventures, and angel investors Derek Schoettle (CEO of Cloudant) and Adam Goldstein (founder of Hipmunk), among others.
“Digital learning is broken. This reality is especially problematic amidst the move toward remote work and mounting video fatigue, where companies — and individuals — suffer from lack of genuinely meaningful training, engagement and growth,” says co-founder Michael Ioffe. “Simply put, our mission at Arist is more important than ever. The ability to launch truly remote-friendly courses in minutes has immediate impact for thousands of people,” says co-founder Michael Ioffe. “The timing of the funding is perfect, and will help us support the growing need for better digital learning and training tools, while providing more robust learning opportunities to a wider range of audiences,” Ioffe added.
The company intends to use the funds to continue to expand operations and its business reach.
Read more: Arist Raises $1.9M in Seed Funding