Platform Learning

About Platform Learning

Platform Learning was a New York-based firm founded in 2003 that operated within the B2C educational and training services sector. The company's strategic focus was on providing supplemental educational services to public school students who required academic improvement.

The business model centered on delivering tutoring programs outside of regular school hours, including after-school, weekend, and summer sessions. These programs were designed to enhance students' critical thinking, research, and writing capabilities, skills essential for academic progression. The company's target market consisted of students within the public school system in need of additional academic support.

Platform Learning demonstrated early traction in the investment community, successfully raising a total of $42.2 million in capital. The funding history includes a Series A round of $2.28 million in July 2003, followed by a Series B round of $4.13 million in November of the same year. The firm also had a patent for a system involving a search engine that utilized reading grade level analysis, indicating an interest in integrating technology into its educational offerings. A notable milestone includes the acquisition of BEST Education Partners in March 2003, which occurred shortly after the company's inception. Despite its initial funding success and market positioning, the company is now listed as being out of business.