What is Tynker?
Tynker is recognized as the world's leading K-12 creative coding platform, empowering students of all ages to develop essential coding skills. The platform facilitates the creation of animations, games, music, robots, and virtual worlds, fostering critical thinking, problem-solving, and programming competencies. Tynker's comprehensive coding curriculum has achieved widespread adoption, utilized by one in three U.S. K-8 schools and 100,000 schools globally, reaching over 60 million children across 150 countries. The company has forged strategic partnerships with esteemed organizations such as BBC Learning, Google, Microsoft, Mattel, and NASA, further solidifying its influence in the edtech space. Tynker is accessible via web browsers and mobile applications, offering both free and subscription-based services.
How much funding has Tynker raised?
Tynker has raised a total of $10.7M across 3 funding rounds:
Angel/Seed
$3.3M
Series A
$7.1M
Debt
$350K
Angel/Seed (2013): $3.3M with participation from NewSchools Venture Fund, XG Ventures, GSV Advisors, New Enterprise Associates, Cervin Ventures, and Felicis Ventures
Series A (2016): $7.1M led by Cervin Ventures, Felicis Ventures, Deborah Quazzo, John Katzman, New Ground Ventures, GSV Capital, Reach Capital, NEA, and Relay Ventures
Debt (2020): $350K supported by PPP
Key Investors in Tynker
NewSchools Venture Fund
NewSchools Venture Fund is a venture philanthropy organization dedicated to improving the education system through innovation and resource connection. They focus on investing in early-stage education innovators to address educational inequities and enhance student learning.
XG Ventures
XG Ventures is an investment firm founded by ex-Googlers, specializing in advising and investing in early-stage teams, primarily in the consumer internet, mobile, video, gaming, social media, and online media sectors.
GSV Advisors
GSV Advisors is a prominent advisory firm dedicated to entrepreneurs, owners, and innovators within the education and HR technology sectors, providing strategic guidance and support.
What's next for Tynker?
The recent major strategic investment indicates Tynker's transition into a scaling phase, likely focusing on expanding its platform's reach, enhancing its curriculum offerings, and potentially exploring new educational technology verticals. The company's established presence in K-12 education, coupled with its strong partnerships, positions it for continued innovation and market leadership. Future developments may involve deeper integration with emerging technologies and further global expansion to meet the growing demand for digital literacy education.
See full Tynker company page
