Accelerator alum Newsela, the NYC-based startup that helps teach reading with news articles scaled at different skill levels, just reported a $1.2 million seed round led by NewSchools Venture Fund, with participation by Kaplan Ventures, among others.
Newsela was part of the inaugural Kaplan EdTech Accelerator that ran this summer.
Since its beta launch three months ago, the company has seen "ridiculously explosive growth," in the words of co-founder and CEO, Matthew Gross. Newsela has registered users in all 50 states and 60 countries. Gross is keeping mum on the exact user numbers but did share that "right now we have 400 teachers and 3,000 students signing up every day."