Short Answer

Short Answer

Private
United StatesEnterprise Softwarehttps://www.myshortanswer.com

Last Round

Grant

Sep 5, 2024

Total Funding Raised

$260,000

Company Overview

Short Answer is a developer of an educational technology platform designed to improve K-12 students' writing skills through gamified activities and peer-to-peer feedback. The platform was founded by former teacher Adam Sparks and his wife Alexa Sparks, growing out of a master's project at Stanford's Learning Design & Technology program. It enables teachers to create writing prompts and allows students to provide and receive immediate, structured feedback, aiming to make writing practice more engaging and effective. The company's approach is grounded in formative assessment research and is designed to build skills like communication, collaboration, and critical thinking. Short Answer completed its first full school year in June 2024 and is used by teachers and students across the United States.

Sector

Enterprise Software

Verticals

Vertical SaaS, NLP & Conversational AI, Workflow Automation, Content Creation, User-Generated Content

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium, Services & Consulting

AI Layer

Application

Keywords

formative assessmentpeer assessmentgamified writingwriting platformEdTech platformpeer feedbackcomparative judgmentwriting assessmentteacher toolAI writing toolpeer gradingfreemium SaaSAI feedbackwriting instructionprofessional development

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Short Answer Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Short Answer Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantSep 5, 2024
Early FundingMay 23, 2023
Pre SeedJul 25, 2022

Key People

Founding team and executive leadership

Adam Sparks

Co-Founder CEO

Founding Team

Short Answer Investors

Notable investors and investment history

Short Answer Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Short Answer Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersUnited States
Employee Range5
Year Founded2022
Last FundingSep 5, 2024

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.