Schoology was designed by Jeremy Friedman, Ryan Hwang, and Tim Trinidad in 2007 while studying at Washington University in St. Louis.[1] Originally designed for sharing notes, features were gradually added and modified.
Schoology secured its first round of equity financing, totaling $1,250,000, with an investment of unknown origin in 2009 and an investment by Meakam Becker Venture Capital in June 2010. In 2012, Schoology raised $6 million in a round led by Firstmark Capital; in 2014, Schoology raised $15 million in a funding round led by Intel Capital;[2][3] in November 2015, Schoology raised $32 million in a funding round, led by JMI Equity.[4]
In November 2013, Schoology had over 7.5 million users across about 60,000 schools.[5]
Schoology was acquired by PowerSchool in November 2019. [6]
Use
Among Schoology's features are attendance records, grades, exams, and homework. The interface consists of a list of task and links to folders and assignments for students. [7] Schoology can be integrated with the school's current grading system.[8] Visually, Schoology is very similar to the environment of many social networks.
