Assessment to Instructionwith the Largest K-12 Resource Library

Flipped or blended has won• But ed tech

doesn’t handle resources well

The Problem

Common Core isn’t going away• But 70% of

teachers don’t know CCSS content

* Gates Foundation Survey: http://www.scholastic.com/primarysources/download-the-full-report.htm

• Largest Common Core aligned resource library– Aligned to all microconcepts via machine learning– Only site with aligned resources to all standards – API used by Renaissance, Pacific Metrics, … (>10MM

students)• Quizzes determine just the right resource for

each student– Making personalized learning scalable for first time– Only assessment to instruction across all

grades/subjects

Our Solution

• Teach concept• OpenEd assesses

mastery with only free formative assessment bank

• Only OpenEd suggests just right resource to each student

Value of Assessment to Instruction

Personalized Learning ScalableFor the First Time

1MM+ videos, games, assessments, homework• From 100s of leading publishers (free/paid)• Mapped to every Common Core

microconcept • Machine learning based accurate

alignment• Confirmed by leading subject matter

experts

Operating System for Personalized Learning:Just the Right Resource for Millions of Students

Used to find standard aligned resources via API by leading assessment tools/LMSes • Renaissance Learning, Pacific Metrics, others• “Only OpenEd is able to align to our core

progression skills accurately” - Renaissance

#1 Common Core app on Chrome Store#2 Common Core app on Google Play

Common Core Quest App

Traction

Path to $100M• 200K classrooms with 5 parents/classroom

Acquiring teachers for $0.60• They onboard students and parents• Parents buy access for $9.95 per

month

165K teachers engaged• Growing 27% per month

Business Model/Go To Market

Competitor LandscapeLMSes

Content

Analytics

Edmodo

Moodle Canvas

Desire2Learn

MasteryConnect

Gooru

Curriki

WatchKnowLearn

OERCommons

CK12

IXL

EdCiteVantage Learning

McGraw Hill

Pearson

• 8 engineers: machine learning, full-stack, mobile

• 3 curators, 1 direct customer acquisition

• founder/CEO, 3 prior exits totaling $600M

Board

• Richard Ferguson, Chairman, CEO of ACT

• Marc Randolph, original CEO of Netflix

• Lila Tretikov, CEO, Wikipedia

• Tim Connors, PivotNorth Capital

Team

• Leverage teacher traction to build out parent and tutor product

Raising $3M convertible debt seed

• 20% discount on future series A

• Capped at $20MM

• 3x principal, 2x interest on CoC

Next Steps