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When PandeMic Covid-19 was struck in 2020 and schools moved to online learning, Joe Titus and Paul Sur was concerned about how to maintain their children’s activity levels in the absence of mandatory physical education and sports classes.
It was the solution of the two friends HiveClassThe New York -based Edtech platform hosts online courses for kindergarten students to the twelfth grade to learn about fitness, sports, dance, yoga, nutrition and amazement, among other things. There is also a course for self -defense.
Even in the postpartum world, the platform attracts interests due to the meeting of trends. Children are increasingly dismantled by PE classes in schools, and they often choose to skip them completely. Many PE students fear its very competitive environment, as bullying often occurs.
In addition, parents are struggling all over the United States to pay young sports expenses. Titus and SUHR, who want to obtain baseball in the second row, want their children to test the same enjoyment in the sport they have done before, but many of these same experiences have become unknown.
Titus said: “As a parent in New York City, the inequality in the cost of sport was out of me. I was the first football coach for my son, and the cost of that was very high. I (I wonder ? ”
Investors also get to know the value of PE cycles online. HIVECLASS – where Titus is the CEO and a fence is the chief product employee – raised only $ 1.5 million in seed financing.
Funding will be allocated to the development of the product. It will also be used to reinforce the teacher portal that teachers use HIVECLASS to increase participation in their classroom. Also on the road map: new services for students with special needs.
In fact, instead of providing direct contributions to parents, HIVECLASS shops for public schools and libraries.
The platform offers a collection of short videos that teach children different skills, such as how basketball is scoring. In addition to videos, there are tests between clips that require written responses, which helps to maintain children’s focus and share.
Upon reaching the teacher’s gate on the platform, teachers can display all their students and their test answers to ensure that everyone completes their work. (HIVECLASS is another selling point that students can earn PE credit outside the classroom).
HIVECLASS believes that it stands out from other Edtech platforms to YouTube educational channels by emphasizing PE and Wellness Field. The company claims that it is in line with the national standards set by MORECARICA, the Health and Physical Association Organization that governs physical education in the United States The closest competitor, PLT4MHe is also a member of America.
The company is currently sharing in more than 80 educational institutions and has more than 13,000 students and teachers on the platform.
HIVECLASS publicly does not reveal pricing; She says she is designed for every customer based on his specific requirements, including the number of students. But she says she has made more than two million dollars in revenue and hopes to reach an additional million dollars by next month. Titus says the outfit also explores additional revenue flows, including licensing agreements.
The last round led the mountain capital spring. Other investors in the tour include the GEORGETOWN AnGEL Investor Network (GIP), the New York State Venture Fund, Rathink Eduction and Techstars.
Funding brings total capital to start operating to more than $ 3 million.
