Just a few months after raising a $1.9 million seed round, Arist — a platform that helps companies, governments, and nonprofits rapidly deliver learning and training via text message-based courses — today announced that its Seed round of funding expanded to $3.9 million in December. Global Founders Capital led the additional round, while investors in Arist’s total funding include Acadian Ventures and Craft Ventures, with additional 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.
“We are experiencing incredible demand for text message learning in a wide variety of industries,” stated Arist Co-founder and CEO Michael Ioffe. “This additional capital will help us scale operations and expand functionality to support even more use cases. We are so thankful to our investors, team members, and partners for their continued support.”
The additional funds will be used to help the company scale even faster.
Announcement: Learning Platform Arist Expands Funding with $3.9M