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Levered Learning isn't accepting new investments

Levered Learning’s deadline was December 1, 2020

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Levered Learning

A flexible, high impact learning system for closing the gap in elementary math
Edtech B2B SaaS Childhood Education Kids Diversity & Inclusion
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$58,600
Raised
158
Investors
Successfully funded and closed on December 1, 2020.
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Pitch Updates 21 Reviews 48
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Closed on December 1, 2020. Information may not be up-to-date. Campaign closed on December 1, 2020. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Levered Learning, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Levered Learning Crowd SAFE
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Hear from some of the 158 investors in Levered Learning


Show more

Highlights


  • Complete classroom & distance-ready instructional tool for elementary math
  • Closing achievement gap: Title 1 schools w 70% higher math growth in year 1
  • 5k+ students/200+ classrooms in CA (CA is 20% of Total Addressable Market)
  • 4x growth in 2019 and 2x for 2020 YTD; 80% organic growth/20% outreach
  • $100K revenue in last half 2019, $300k projected 2020; initial TAM of $1B
  • Selected as one of ASU+GSV's Global Elite 200 innovative edtech companies
  • Certified for Research-Based Design by Digital Promise

Problem


The current model of math instruction fails in efficacy, equity and flexibility

Solution


We built a comprehensive tool for next-generation teaching

1) A systems-level reimagining of math instruction
Unlike edtech products that supplement textbooks, Levered was built with our knowledge of the classroom and modern software development to help teachers drive effective instruction.

2) Data-driven decision making
We want teachers to focus on teaching, not grading & data entry. Real-time assessment data identifies struggling students and delivers the right practice questions with a single click.

3) Balanced, competency-based instruction
Our competency-based online curriculum allows students to move at their own pace, filling in gaps in prior knowledge, and pushing beyond the standards for kids who need extra challenge.

Product


Classroom-tested and distance-ready

Levered's data-driven instructional system blends whole class math talks, group pencil & paper activities, and online self-paced lessons that support both classroom and distance-based instruction.

With our instructional tools, teachers can assure every student gets the right balance of challenge and support, daily. Levered engages and motivates students who might otherwise fall through the cracks with adaptive pacing and supports to boost language development.

Levered schools transitioned to home-based use in the first week of closures with daily participation rates > 70% for more than 
30 min. per day.

Students at Title I schools show 70% higher math growth w/ Levered than those in the same grade before Levered.

Traction


20x growth in 2 years

Educators love Levered. This school year, we saw 4x growth to over 5,000 students in 200+ U.S. classrooms. We have ~15% of our initial Serviceable Available Market (SAM) in our pipeline representing $1.3M in potential sales and are projecting $300k in 2020.

A view of growth and P&L on the way to 60000 kids in 2 yearsOur growth has been 80% organic, and we have cultivated partnerships with industry leaders like the California Association of Latino Superintendents and Administrators (CALSA), EdSurge, and the California Association for Bilingual Education (CABE).

80% organic growth/20% through marketing and partnershipsWe were recognized as one of the world's 200 most innovative edtech companies from 21 countries in the 2020 ASU+GSV Elite 200 and recently received a Research-backed Product Certification from Digital Promise. 

Selected as ASU/GSV Elite 200 Edtech CompaniesDigital Promise Certified for Researc-based Design

Customers


What teachers and principals are saying about Levered

Testimonial quotes from teachers, and principals

Our district partnerships

A list of some of our district partners, Ojai, Chualar, Alum Rock, Williams

Business model


SaaS online learning and powerful management tools

  • Single school & grade licenses @ $59.95 p/student, p/yr
  • Most schools will pay ~$1,200 p/class (30% discount)
  • Homeschooling available for $8.95 p/student, p/mo

Our system includes individually-paced online curriculum, whole-class & pencil-and-paper activities, teacher dashboard/support tools, and admin data for engagement/impact.

Homeschoolers get a monthly subscription to our online curriculum w/parent management tools, email & online video library support.

Most schools & districts will pay a discounted rate ($41.95) for multiple grades. Teacher training is included with a focus on high fidelity implementation in years 1 & 2. Additional tailored training is billed at $2,500 p/site, p/session.

Market


Global Edtech market estimated at $350B by 2025

UNESCO estimates COVID19 school closures impacted 67.6% of learners in 143 countries. Classroom curriculum that also serves high-quality distance learning is critical to the future of education. Existing textbooks and tech products were failing math education even before the pandemic. 

Full implementation in the U.S. of Levered for 3rd–6th grade (13M+) would result in revenue of ~$1B. Our initial focus on California represents 20% of the American market. Targeting just five additional states opens 50% of the total Common Core market.

With our SaaS instructional system and online P.D., we can implement Levered at any school or district across the country, or around the world, in just a week.

Competition


Advantage, Levered

Greater impact, easier to implement, and lower total cost

Levered's value proposition replaces multiple line items on school and district budgets with a single program that's more cost-effective, easier to use, and that delivers better results in the first year.

According to a 2017 report by Learn Platform, only 9% of edtech purchases met the goals of schools and districts. In their 2020 Edtech Insights (post-COVID19) report, Learn saw a 30% increase in the amount of tools schools accessed, with only one core instruction product in the top 20, and a total of four in the top 40.

Vision and strategy


Reshaping math literacy and closing the achievement gap

We created Levered to promote better and more equitable math education. Over the last four years, we’ve seen consistent state test results that support the idea that the problems in global math literacy can be solved. We’re developing a full K-6th grade program in the next two years that’s up to the task.

In an example pilot group, we saw over 50% growth in "Exceeding Standards" and a collapse of "Standard Not Met" for the same cohort of students.A PISA report found >50% of students by age 15 are unable to solve simple math problems in Latin America and the Caribbean.

We plan to translate the entire program into Spanish to address math literacy issues abroad, while supporting bilingual programs domestically.

Funding


Levered has been self-funded to date with $720,000 in family investment. We actively piloted in classrooms during development, strengthening the efficacy of the product. After our 3rd year of pilots in 2018-19, we started selling our first full grade of curriculum to school partners for 2019-20, giving us a bootstrapped $96k in the second half of 2019. 

With a mature platform to offer schools, we will use investment capital to fuel growth, expand our existing grade offerings, and open up to a national market.

Founders


A proven education and technology team

Deal terms


Valuation cap

$10,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Levered Learning occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Levered Learning is accepting.
Learn more

Funding goal

$250K

The maximum amount the offering can raise is $250K.
Learn more

Deadline
Levered Learning needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Levered Learning, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Levered Learning Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Levered Learning.
Invest
$100
Receive
  • A personalized thank you email postcard
Invest
$150
Receive
  • Get 1 year of the teacher-vetted Levered math for your 3rd, 4th or 5th-grader for less!
Invest
$250
Receive
  • You'll join our About Us page with a special shoutout!
  • a 1 year Levered @ home subscription for any 3rd, 4th, or 5th grader in your life.
Invest
$500
Receive
  • You'll join our About Us page with a special shoutout!
  • A postcard featuring our porcupines and some math puns mailed to you.
  • 2 - 1 year Levered @ home subscription for any 3rd, 4th, or 5th graders in your life.
Invest
$1,000
Receive
  • The above perks, and;
  • Up to 4 - 1 year Levered @ home subscription for any 3rd, 4th, or 5th graders in your life.
Invest
$1,500
Receive
  • Learning Pod unlocked!
  • Host a learning pod with up to 8 kids (any combination of 3rd,4th, and 5th grade) for a virtual math class.
  • A teacher account with real-time engagement and progress data.
  • 1 year subscription for each learner.
Invest
$2,500
Receive
  • The above perks, and;
  • Home school in-a-box! Gather a group of up to 8 kids for a virtual math class with 1 year subscriptions for each learner.
Invest
$5,000
Receive
  • The postcard and shout-out perks; and,
  • Level-up your favorite 3rd, 4th, or 5th-grade classes (up to 3) with a full year license for Levered @ school (works in-class or remote, school approval req'd.); or,
  • Have someone from Levered's research or impact team talk to your organization or school (up to 1hr) about creating culturally responsive learning, closing the achievement gap, research-based curriculum design, or another topic (subject to approval).
  • Limited (5 left of 5)
1 investor
Invest
$10,000
Receive
  • You've graduated! Get the postcard and shout-out perks; and,
  • Set up your favorite elementary school with a full year license (3rd-5th grade, up to 6 classes) for Levered @ school (works in-class or remote, school approval req'd.); or,
  • Have Levered's CEO & Co-founder talk to your organization or school (up to 1hr) about Levered's origin, equity in math, closing the achievement gap, or another topic (subject to approval).
  • Limited (4 left of 5)
Invest
$25,000
Receive
  • We're going to call you The Super! Get the $10k perks, a special postcard and shout-out on the site; and,
  • Spend an afternoon geeking out on education with Levered! See how the magic is made, discussing equity, impact, research, and creating culturally responsive EdTech.
  • Limited (5 left of 5)

Why others invested

See all reviews (0) See all (0)

I believe in what levered is doing! My wife is a school teacher and this product would help her and the children in the classroom since individual stations are a big deal. I also have a third grader that this product could help her progress even quicker. I am also happy that the founders have a background and understand the issues that teachers are faced with today.

Profile picture of Wayne Warner
Wayne Warner
Active investor
almost 5 years ago

I was a teacher and I understand the struggles of teaching in general and even more so now that we are teaching from home.

Profile picture of Michael Iradi
Michael Iradi
Active investor
almost 5 years ago

I love the concept and the fact that it goes beyond for ALL students regardless of where they live and can be home based as well as classroom based.

Profile picture of Dorothy Agetstein-Keslinger
Dorothy Agetstein-Keslinger
Active investor
almost 5 years ago

About Levered Learning

Legal Name
Levered Learning, Inc.
Founded
May 2017
Form
Delaware Corporation
Employees
4
Website
levered.com
Social Media
Headquarters
Google Map location of of Levered Learning
981 Soquel San Jose Rd , Soquel, CA
Headquarters
981 Soquel San Jose Rd, Soquel, CA, United States 95073

Levered Learning Team
Everyone helping build Levered Learning, not limited to employees

Profile picture of Mitch Slater
Mitch Slater
CEO and Co-Founder
Profile picture of Joshua Bradley
Joshua Bradley
CTO and Co-Founder
Profile picture of Dr. Lara Triona
Dr. Lara Triona
VP, Learning Sciences
Profile picture of Isaí Baltézar Alcazar
Isaí Baltézar Alcazar
Partnership & Impact Coordinator
Profile picture of Rohit Chawla
Rohit Chawla
Project Manager
Profile picture of Arun Bharati
Arun Bharati
Lead Dev
Profile picture of Amy McHugh
Amy McHugh
Outreach Manager
Profile picture of Alan Louie
Alan Louie
Advisor
Profile picture of Elisa Swanson
Elisa Swanson
Board Member
Profile picture of Matthias Hohensee
Matthias Hohensee
Board Member
8 more team members
Mitch Slater
CEO and Co-Founder
Dr. Lara Triona
VP, Learning Sciences
Joshua Bradley
CTO and Co-Founder
Isaí Baltézar Alcazar
Partnership & Impact Coordinator
Rohit Chawla
Project Manager
Arun Bharati
Lead Dev
Amy McHugh
Outreach Manager
Alan Louie
Advisor
Elisa Swanson
Board Member
Matthias Hohensee
Board Member

Press

Levered Learning Launches Pilot with LEANLAB Education to...
Digitaljournal Digitaljournal
·
Nov 25, 2020

Levered and Tolbert Academy in Kansas City, Missouri look to address the growing learning loss due to the pandemic and in...

15 Edtech Products Awarded New Learner Variability Produc...
Educationdive Educationdive
·
Oct 9, 2020

October 8, 2020 | Washington, D.C. - Levered is one of fifteen products that have earned the Learner Variability product ...

COMMENTARY: We can build on best practices revealed by th...
EdSource EdSource
·
Sep 29, 2020

Photo: Jina Jackson We have learned a lot about distance learning since the coronavirus pandemic first swept California l...

Flexible Learning Pathways for Every Student:Q&A With Mit...
Ace-ed Ace-ed
·
Aug 28, 2020

Mitch Slater was a classroom teacher and site administrator for 20 years before starting Levered. Mitch spent his teachin...

Invest in Levered Learning Stock and Make America Smart A...
Msn Msn
·
Aug 14, 2020

With the U.S. spending more on its students yet receiving poor academic outcomes, we need a change.

Levered Learning Launches Equity Crowdfunding Campaign - ...
Santa Cruz Tech Beat Santa Cruz Tech Beat
·
Aug 7, 2020

(Source: Levered Learning) August 6, 2020 - Santa Cruz, CA When schools went remote last spring, Levered Learning's focus...

Local Ed-tech Launches Equity Crowdfunding Campaign
·
Aug 5, 2020

At Santa Cruz New Tech’s Cruz Cares back in 2016, Mitch Slater took the stage for the first time to present his proof-of-...

How our students avoided the 'COVID slide'
eSchool News eSchool News
·
Jul 31, 2020

When the pandemic forced schools to shut down this spring, ensuring that our nearly 250 students remained fully engaged i...

This Math Program Helped Students Blow State Test Scores ...
EdSurge EdSurge
·
Jul 10, 2019

As principal at Chula Vista School District's Salt Creek Elementary, Lalaine Perez saw the need to better support a growt...

5 things to consider when evaluating state test score dat...
EdScoop EdScoop
·
Nov 7, 2018

What's the best way to know what's going on in schools? The answer, of course, is to visit the school, talk to the staff ...

Show all
Logo of Levered Learning

Levered Learning

Levered Learning successfully raised $58,600 from 158 investors on December 1, 2020
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Torrell, Takashi, Kirkpatrick, Patrick, Darlyne, and 153 others invested. 48 Reviews
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