Taskbase builds an EdTech platform that automates correction and feedback for open-ended exercises, reducing reliance on multiple-choice assessments. The product aims to give teachers automated feedback and grading on open exercises to save substantial time. The company plans faster expansion into several European markets and to further improve product quality for existing customers. Taskbase is hiring across Engineering, AI, Delivery, Sales, and Marketing to support product development and growth. The team emphasizes moving education away from standardised multiple-choice toward more open tasks that they can evaluate programmatically. The company recently completed a funding round that will support these product and expansion plans. Taskbase, founded in 2015 and based in Zurich, develops advanced adaptive learning technology delivered as a SaaS product. Its platform enables digital learning platforms to create intelligent e-learning solutions. The company and investors point to a broader trend in which more than half of educational content is now delivered digitally. Taskbase says the new funding will support internationalization, improve product scalability, and strengthen the team and partnerships. Co-founder Samuel Portmann said that after years of research and bootstrapping the company is positioned to become a globally leading SaaS provider for adaptive learning. The announcement frames the raise as enabling the startup to take its advanced adaptive learning to the next level.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2024