OneClass has raised a $1.6 million Series A round.
The Toronto-based startup’s financing round was led by SAIF partners and included follow-on investments from existing investors such as Real Ventures.
OneClass is an educational platform crowdsourcing university course content. The company, which launched in September 2010, used to be known as NoteSolution.
According to the Canadian startup, its site has evolved from a simple course note repository to “a richer and more comprehensive platform” that sees 200,000 students access over 10,000 courses with notes, exam preparation videos, and common university subject videos.
“Making that transition from high school to university is difficult, especially from a 20 person classroom to a 500 person class. Students have limited and costly options to find extra help after a lecture ends—the choices are Google, YouTube and private tutors. OneClass is tackling an issue that affects millions of students worldwide,” says Jack Tai, CEO of OneClass.
OneClass says it is looking beyond just post-secondary students, considering a vertical expansion to both high school and graduate school course resources. The company’s ultimate goal, it says, is to “instantly deliver invaluable educational content that is immediately useful and relevant to any knowledge seeker on one platform.”