Querium Raises $3.2M in Series B Funding Round
January 18, 2017: EdTech Industry Veteran Dr. Jamie Caras Joins Querium Board
Querium Corporation, developer of the artificial intelligence-based StepWise Virtual Tutor software, announced today that it has raised $3.2 million in Series B funding led by previous investor Wild Basin Investments. 80% of the funds comes from previous investors including Ingram Content Group, Crossfire Holdings, and SustainVC, bringing Querium’s total financing to $4 million.
Timed with the investment, EdTech industry veteran Jamie Caras has joined the Querium Board of Directors. Dr. Caras brings extensive experience in the education technology industry from his former roles as Chief Product Officer at Macmillan Learning and Founder and President of Sapling Learning. “I am honored to join the Querium Board and be part of this innovative company poised to make a dramatic impact on student learning,” said Caras. “I am excited about Querium’s mission to help all students feel successful through personalized and data-driven feedback using highly scalable technology.”
January 17, 2017
In 2016, Austin businesses continued to thrive while the city earned national recognition again as a top city in the country for startup vitality. Artificial intelligence, machine learning, IoT and virtual reality companies gained momentum last year alongside the usual Austin staples in software and healthtech.
We’ve carefully selected 50 local startups — all less than five years old — that have been generating buzz. Some are in their infancy while others have already experienced significant user growth, but you’ll want to keep an eye out for them in 2017. Read more.
Querium Teacher Patty Hill Awarded the Presidential Award for Excellence in Mathematics and Science Teaching
August 22, 2016
The Presidential Award for Excellence in Mathematics and Science Teaching is awarded to outstanding K-12 science and mathematics teachers from across the country. The winners are selected by a panel of distinguished scientists, mathematicians, and educators following an initial selection process at the state level. Read complete press release.
Patty has been teaching mathematics at Kealing Middle School for 18 years. She currently teaches Algebra I, Algebra II, and an elective she created called Math in the Arts. She also works with Querium to develop the artificial intelligence that provides adaptive tutoring and student problem solving analytics for teachers.
Patty transformed her classroom using the flipped learning model, creating an environment where students learn that perseverance and hard work will be rewarded with improved confidence in their problem solving abilities and a deep understanding of mathematics. Read more.
July 11, 2016
The U.S. Department of Education’s Small Business Innovation Research (SBIR) program at the Institute of Education Sciences (ED/IES SBIR) has served as a catalyst for the research and development of innovative technology that seeks to transform how and where students learn. In 2016, the program continues to be recognized for spurring innovation, with five companies winning national awards and recognition for their ED/IES SBIR-developed technologies. Read more.
July 1, 2016
Technology has shaped many aspects of our daily lives, but bringing those advancements to the education sector takes dedication. These edtech companies can improve life for students in the classroom, help administrators upgrade courses, allow teachers to track students and even provide continuing education to those who are looking for a career change.
These 12 companies are dedicated to bringing powerful technology to education, helping tomorrow’s leaders learn with today’s tools. Read more.
June 14, 2016
Austin is the most exciting startup community in the world. That’s a claim made with a degree of frequently lately and it begs the question: why? Does Austin live up to that title when, frankly still, most of the venture capital remains in Silicon Valley, the NE region, with Philadelphia, New York, Boston, and more, remain the United States’ most important economic hub, and other cities are developing entrepreneurs at as healthy a rate or greater? Read more.
June 9, 2016
The number of funded companies with women founders is on the rise nationwide; in 2014, 15.5 percent of funded startups on Crunchbase had at least one female founder. In Austin, companies and organizations like Feminist Hack, Girl Develop It, recruitHer and Women at Austin are all working to support and encourage women who start their own tech companies. From industry veterans like Mellie Price to relative newcomers like Katie Fang, here are 30 Austin women startup founders you should know. Read more.
June 9, 2016
Querium’s StepWise Virtual Tutor, which uses artificial intelligence technology in its online math tutoring program, will soon be available on WebAssign’s digital instructional platform. WebAssign’s online instructional system allows teachers to personalize educational materials for students, as well as deploy assignments and assess individual student performance. Read more.
June 2, 2016
EdTech startup Querium has received an early stage bridge round of funds from the University of Michigan’s student-led Social Venture Fund, among other investors. “Given Social Venture Fund’s mission, this investment is a strong validation of the work Querium is doing to help students hit their STEM education milestones and start college on the right foot,” said Kent Fuka, Querium’s founder and CEO. Read more.
May 6, 2016
The Small Business Innovation Research program at the federal Institute of Education Sciences included Querium’s StepWise Virtual Tutor for Algebra among the five Phase II projects chosen to fund this year. Phase II awards — worth up to $900,000 for two years — support full-scale development as well as classroom-based studies on promise of learning. Querium will use these funds to complete the Algebra 1 knowledge capture for its A.I. engine, complete development of a range of features to support both students and teachers, and conduct efficacy studies. Click here to learn more and see videos of all the Phase II awardees.
March 29, 2016
How is the data deluge changing us as a society? What are your biggest concerns? How do you balance the benefits of personalization and the need for privacy? During SXSW Interactive, Fast Company asked tech innovators, including Querium CMO and co-founder Patti Smith, the big (data) questions. Watch the video here.
Fast Company selects Querium for its Top 10 Most Innovative Companies in Education
February 23, 2016
Querium is proud to announce that we were selected by Fast Company for its 2016 World’s Top 10 Most Innovative Companies in Education in the edition scheduled to hit newsstands today. Fast Company is the world’s leading progressive business media brand with a unique editorial focus on innovation in technology, leadership, and design. We are thrilled to be included in this list of companies revolutionizing how students learn.
Texas Higher Education Coordinating Board awards Querium the Services Contract for the TSI Pre-Assessment Activity.
December 1, 2015
Querium is thrilled to announce that we won the THECB’s RFP to provide a state-approved Pre-Assessment Activity at no cost to all colleges and ISD’s across Texas. The contract enables us to enhance the PAA with ADA Section 508 compliance features, Administrator Dashboard improvements, and more. If you are a Texas education institution who needs to provide the TSIA, then please contact Querium to be part of our enhanced PAA due to launch in March 2016.
August 4, 2015
In recent years, Austin, Texas has grown into a diverse hub for technology and business, fueling a dramatic increase in new startups from the Austin area. Many of these small businesses are quickly gaining traction for the innovative services they provide, some fundraising millions of dollars in just a few short years. From real-time social analytics to education straight from your smartphone, the people behind these companies are smart, and the services they provide are even smarter. Take a look at part one of our series on Austin startups that are changing the game for video and marketing in 2015. Read more.
July 9, 2015
Seven months after closing a Series A-3 round of funding, eLearning company Querium Corp. has completed a debt financing to expand development of its software, CEO Kent Fuka said.
The Austin company’s artificial intelligence software, called StepWise Virtual Tour, is designed to check the work of high school students solving math problems to keep them on track. The additional capital is expected to fund further tech development, business development and hire more workers, Fuka said Thursday. “We’re continuing to add more testing capabilities to our product,” he said.
July 9, 2015 Company to Expand its Artificial Intelligence Development Capabilities for Science, Technology, Engineering and Mathematics
Querium Corporation, developer of the artificial intelligence-based StepWise™ Virtual Tutor software, announced today that it has secured funding from new investors SustainVC, a venture capital fund that invests in early-stage companies that provide social and environmental benefits, and Austin-based Wild Basin Investments. Current investors also participated. The company will use the funds to significantly expand its A.I. capabilities and to bolster its business development activities.
“Querium’s focus on enabling all students to be successful in math and science aligns with our mission as a triple bottom line company supporting people, planet and profits,” said Sky Lance, Managing Principal of SustainVC. “Their intention to broadly license their groundbreaking technology means they will be able to reach far more learners, across all socio-economic levels, rapidly, and in a capital-efficient way.”
Rosa McCormick, Wild Basin Investments Managing Director, agreed. “Querium’s experienced management team clearly understands the education market and has developed an exciting new technology that can make a real difference in how people learn math and science.”
June 9, 2015: Tech startup leads education publishers from big screens to small with adaptive math and science products
This year’s BookExpo America Startup Challenge winner was a bit of a dark horse, at least according to its co-founder, president and CEO Kent A. Fuka. “I was concerned about our chances because we’re primarily in the education sector and BookExpo isn’t really an education-focused conference.” There was no need to worry, as Querium — an adaptive learning software that takes users step by step through math and science problems — took home the top prize. Read more
Querium Wins Book Expo America 2015 Most Promising Startup
New York, NY May 28, 2015: Querium’s StepWise Virtual Tutor software takes first place among the publishing industry’s most innovative startups
Querium was selected by leaders in Venture Capital, Technology, and Publishing organizations as the winner of the Book Expo Startup Challenge at Book Expo America, beating 19 other start-ups to achieve the honor.
Querium, developer of StepWise Virtual Tutor, A.I.-based software that teaches teens and adult learners STEM subjects on mobile devices, was among 20 start-ups selected for the competition from over 200 applicants. Judges included notable VCs and publishing industry executives such as Jordan Bettman, Bain Capital Ventures, Dominique Raccah, CEO of Sourcebooks, Brian Napack, Senior Advisor, Providence Equity, Jason Saltzman, Alley NYC, and Ed Klaris, Managing Director, DiSilva+Philips.
Querium Wins Competitive Dept of Ed SBIR Contract
April 24, 2015 U.S. DOE Funds Development of StepWise Virtual Tutor for Algebra 1 Common Core State Standards
Querium Corporation announced today that the U.S. Department of Education has awarded Querium one of its highly competitive Small Business Innovation Research (SBIR) contracts. The company will use the funds to develop a Common Core Algebra 1 knowledge cartridge within its StepWise Virtual Tutor software.
“This contract is critical to achieving our mission of helping millions of learners develop the STEM skills they need to achieve their career goals,” said Patti Smith, Querium CMO and Principal Investigator on the contract. “StepWise Virtual Tutor is designed to give students greater confidence in their problem solving abilities by catching them at the first sign of confusion and guiding them back on track through carefully scaffolded hints.”
Funds from the SBIR contract will support development and market testing of the rule base for Common Core Algebra standards and user experience within the product. The software will use artificial intelligence (A.I.) technology to function as a tutor for solving Algebra problems. The personalized and adaptive engine will allow students to show their work, intervene immediately when they make mistakes and generate hints when they get stuck. It will feature handwriting recognition technology to give students a natural experience similar to writing on paper.
#SXStepWise: Demo Querium’s StepWise™ Virtual Tutor at SXSWedu
Querium will be demoing StepWise Virtual Tutor at SXSWedu in Austin on March 9th, 2015
Will you be in Austin on March 9th for SXSWedu? Be sure to check out Querium’s new AI engine, StepWise Virtual Tutor. This patent-pending, browser-based learning tool helps students master critical STEM skills and revolutionizes the way students show their work.
Students and teachers benefit from the adaptive StepWise design, as students may follow a myriad of paths to reach a final answer while the virtual tutor collects rich data for teachers all along the way, such as number of steps taken, types of errors made, hints provided, and time per step.
Don’t miss out on trying this new, mobile-ready learning tool at SXSWedu!
Querium Receives Platinum Rating in Social Impact by GIIRS Ratings
February 13th, 2015
Querium is pleased to announce that it scored a Platinum rating in Social Impact by GIIRS Ratings. According to GIIRS, only about 10% of companies achieve a platinum score on the Social Impact Business Model. Querium received this top score in part because a majority of its users come from low income or otherwise disadvantaged populations. Additionally, Querium’s donations of financial and personnel resources to educational endeavors contributed to the high rating.
Querium Chosen as One of Built In Austin’s 50 Austin Startups to Watch in 2015
February 11th, 2015 Querium named an Austin startup to watch in 2015 by Built In Austin
Today, Querium was chosen as one of Built In Austin’s 50 Austin Startups to Watch in 2015. See the full list here.
Querium was previously named one of 5 Austin Edtech Startups Transforming the Future of Education by the online magazine.
TCCTA 2015 Convention, Here We Come!
Come visit us at the TCCTA and TexMATYC Convention February 19-20 in Dallas
Going to the TCCTA and TexMATYC Convention in Dallas next week? Be sure to come check out our booth, 311, to find out more about our mobile learning system and demo MathBooster, an online review tool that helps students succeed on college placement tests like the TSI.
We’ll also be hosting an eTracks Session in the exhibit hall at 11:15 AM on Friday, February 20th, so be on the look out for us! We’ll see you there!
Is Austin on its way to becoming educational tech hub?
February 7th, 2015 Business: Is Austin on way to becoming educational tech hub?
A recent $16 million investment in Civitas Learning has put the spotlight on Central Texas’ growing educational technology sector, which is seeing established companies expand and new startups get off the ground.
In Austin, the players range from Compass Learning, which has 245 employees and is one of the country’s leading developers of software for primary and secondary schools, to Querium, a 10-person upstart that recently raised $800,000 to expand its software service, which helps high school and college students learn math and science skills. Read more
Edtech: Ingram Content Group Ventures Invests in Austin’s Querium Corp
January 30th, 2015 Querium wins a minority-stake investment from Tennessee’s ICG Ventures
ICG Ventures is a unit of La Vergne, Tenn.-based Ingram Content Group, which in turn is a subsidiary of $2BN+ Ingram Industries, privately held and based in Nashville.
Querium, which offers a mobile learning and assessment software platform, announced yesterday that ICG Ventures and undisclosed other investors recently invested a total $800K for minority stakes in Querium’s Series A3 raise. Read more
Austin eLearning Company Completes $800K Round of Funding
The Austin-based company reported Wednesday that investors included Tennessee-based ICG Ventures Inc. It will use the capital for product development and to support its sales and marketing activities, according to a company statement.
Querium, which launched in 2013, is developing an adaptive learning program designed to enable prospective Texas college students to prepare for the state-mandated placement test: the TSI Assessment. Read more
Querium Closes Series A3 Round with Investment from ICG Ventures Inc.
January 28th, 2015 Company continues to expand adoption of StepWise™ Virtual Tutor helping students master math and science skills
Querium Corporation today announced it has secured funding from ICG Ventures Inc., an Ingram Content Group Company, as well as additional private investments, closing its Series A3 round totaling $800,000.
Querium will use the recently acquired funds to invest in product development and support its sales and marketing activities. The company will continue to advance its StepWise Virtual Tutor technology, as well as its STEM-focused product line, including Querium MathBooster, and others under development. Read more
Austin Software Startup Raises Funding for Growth
January 27th, 2015 Technology: Austin software startup raises funding for growth
Austin educational software maker Querium Corp. has raised $800,000 to invest in product development, sales and marketing.
The company received the funding from ICG Ventures and private investors. Querium has raised a total of $1.5 million. Read more
Querium Launches MathBooster for College Placement Prep Nationwide
January 20th, 2015 Querium releases MathBooster nationwide to help students across the country
Querium has launched a nationwide release of MathBooster, an online, easy-to-use review tool to help students prep for college placement exams, like the Accuplacer, Compass, and TSI Assessment.
Community colleges all over the country are facing a crisis as 70% of incoming students place into developmental education (dev ed) classes based on their college placement scores. Of that 70%, only 10% graduate, while 40% drop out within their first year. With its personalized and mobile-ready design, MathBooster gives students a boost of readiness and confidence BEFORE their college placement exams so that they can achieve a higher score and avoid non-credit dev ed classes.
Querium Named a Most Promising IT & Web Company by the Rice Alliance for Technology and Entrepreneurship
December 11th, 2014 Querium awarded at the Rice Alliance IT & Web Venture Forum
Querium was presented an award at the Rice Alliance IT & Web Venture Forum this week. The Rice Alliance for Technology and Entrepreneurship named Querium a Most Promising IT & Web Company. The award was accepted by Querium’s Chief Marketing Officer, Patti Smith. More
Querium CEO, Kent Fuka, Awarded Best Presenter at the New England Venture Summit
December 10th, 2014 Querium CEO, Kent Fuka, awarded at the New England Venture Summit
Kent Fuka, CEO and founder of Querium, was awarded Best Presenter this week at the 2014 New England Venture Summit, hosted by YoungStartup Ventures. More
Querium featured in Built in Austin’s list of startups transforming education
Querium spotted a problem. Countless jobs in STEM industries – the coveted and high paid ones – were going unfulfilled because American college graduates lacked the necessary skills. The problem is only expected to get worse over the next decade. More
Querium and Sapling Learning Sign Strategic Partnership to Deliver Real-Time, Personalized Algebra 1 Review and Test Prep for Texas Students
October 28, 2014 Mobile-Ready Technology Acts as Anywhere, Anytime Tutor and Grading Assistant for High School Exit Exam Preparation
Querium Corporation today announced a strategic partnership with Sapling Learning, a wholly owned subsidiary of Macmillan Publishers Ltd., to provide mobile-ready review and preparation for the Texas STAAR Algebra 1 End of Course assessment. Under the agreement, students in more than 1,200 school districts will have access to the Querium “Step-by-Step” performance assessment program designed to assist mastery of concepts in Science, Technology, Engineering, and Math (STEM).
Querium Study Proves Students Who Use TSI Math Prep Improve Scores
Preliminary results of a case study conducted spring of 2014 has concluded Texas students improved scores on the required Texas Success Initiative Assessment (TSIA) for college placement by using the Querium™ TSI Math Prep program. 90% of students who used TSI Math Prep after their first sitting for the TSI Math Assessment increased their score.
The TSI Math Prep is the first product built on Querium’s patent pending platform. The company is developing A.I-based tools that will evaluate students problem solving step by step. Read the complete case study here.
Straight Up Startup Featuring Aruni S. Gunasegaram
October 10th, 2014 Straight Up Startup Feature Aruni S. Gunasegaram, VP of Client Services & Operations at Querium
“Because of our novel go-to-market strategy, we quickly gained the adoption and trust of many state colleges and universities in Texas! Building trust early on is very important because, I believe, without trust there can be no great leaps of faith to work with a new company.”
Querium Finds Secret to Student Success
April 29, 2014 Querium Personalizes Education for Student Success
Querium is a performance assessment platform aimed at students who struggle with Science, Technology, Engineering, and Math (STEM).. The mobile-driven software prepares students for college-level classes in lieu of paying for generic remedial classes that do not apply towards graduation.
Come visit us at these upcoming conferences!
May 18 – 19, 2014: Texas College Counseling and Career Development Conference, Austin, TX
Check out our online PAA (Pre-Assessment Activity) for the TSI plus our new TSI Math Prep built for students’ smartphone for anytime, anywhere review.
September 21 – 23, 2014 Texas Completes: Pathways to Progress Institute, Dallas, TX
Querium is proud to be a sponsor of the Institute! We’ll be on hand to meet with our current college partners and introduce our TSI solutions to folks new to Querium.
Querium testimonial for Rackspace
Querium has reduced costs, slashed the time required to deploy offerings, and has strengthened its ability to develop applications, support large databases, and host large media files without having to worry about infrastructure.
Rackspace Startup Program puts the spotlight on Querium!
“Rackspace has been a great partner,” May says. “With the Managed Cloud offering, it feels like we have an entire operations team behind us. I cannot say enough about the quality of support – the team helps us monitor our systems, consults with us on best practices and has always been quick to respond to our requests. Setting up servers, databases, email delivery, backups, alerts and other services have been quick and painless. Our developers focus on the application logic and don’t spend much time on the infrastructure. Rackspace has been steadily rolling out new features and we’ve enjoyed consuming them.”
Spring Conferences 2014
February 17-18, 2014 Texas Assessment Conference, Austin, TX
We will be showing our Pre-Assessment Activity for the TSI that meets the new state requirements. We’ll also be showing our new TSI Math Prep. Come see us at booth #314.
March 3-6, 2014 SXSWedu, Austin, TX
January 30, 2014
Link to full article on Business Wire Querium Corporation has launched an adaptive learning program to enable prospective Texas college students to prepare for the mathematics portion of the new Texas Success Initiative (TSI) Assessment. Querium’s TSI Math Prep, built on an A.I.-based learning platform, is designed to rapidly identify students’ strengths and weaknesses, deliver an optimized learning path for the TSI, and advance students as soon as they demonstrate mastery.
Querium’s TSI Math Prep Beta is live!
December 26th, 2013
Querium is launching the only online review program created specifically for the TSI Assessment. Join as a beta tester and not only will you get a FREE personalized review of the math tested on the TSI, you also may win great prizes like an iPad.
October 23, 2013
Link to the full article on AustinStartup.com
Today’s Q&A Wednesday is with Kent Fuka, the CEO of Querium. He was chairman of the board of Austin e-Learning company Thinkwell. Kent was previously a Vice President at Tivoli Systems, and was a partner in Austin VC firm CenterPoint Ventures.
Oct 21, 2013
Link to the full text of the article on the article on bizjournals.com The Austin-based company collected the capital from five investors, according to a Monday filing with the U.S. Securities and Exchange Commission.
Querium, which launched in January, is developing an adaptive learning program designed to enable prospective Texas college students to prepare for the new, state-mandated placement test, the TSI Assessment.
Experienced Entrepreneur Jamo Rubin Joins Board of Directors for Ed Tech Start-up Querium Corporation
October 21, 2013
Local Texas investor excited about accelerating the development of Querium’s adaptive learning platform to increase Community College graduation rates