pi-top announces their latest funding round of $2.7 million, led by private equity firm, Committed Capital and joined by Nexus Investments and SyndicateRoom’s Super Angel fund. The round will be used to support pi-top’s continued rapid growth in the expanding computer science and STEM sector of the global education market.
Committed to providing engaging, and rigorous interdisciplinary instructional products and services, pi-top is prepared to support the evolving needs of teaching and learning computer science. pi-top can now capitalize on delivering their award-winning products in a time of massive industry growth as computer science transitions to a required core curriculum.
Computer Science (CS) is a critical element in preparing students for the future, both in careers and in the development of problem-solving abilities. In their 2021 “State of Computer Science Education Report”, Code.org details the current and upcoming exponential growth of the computer science market. Since 2017, the number of states that have allocated funding specifically for computer science programs has jumped from 9 to 31, nearly 50% of the states in the US are requiring computer science, and almost all high schools are allowing the subject to satisfy a core graduation requirement. This presents a tremendous opportunity for organizations to develop new business models and solutions that meet the changing needs of learners of all ages.
In addition, pi-top has made some strategic changes to its Board of Directors. “To ensure we are aligning with the needs of the education market, we have added several industry experts to our Board of Directors, including Russ Roselle as our Chairman,” said Stanley Buchesky, CEO of pi-top. “With more than twenty years of working with fast-growing technology companies in EdTech and Finance, including more than eleven years in executive roles with K12, Inc. Russ brings extensive experience in developing and growing early-stage companies.”
“With a focus on the highest areas of need and funding —middle and high schools— pi-top is uniquely positioned to lead the charge in this market,” said Russ. “pi-top has a long history of innovation in hands-on, experiential learning, and I am looking forward to working with the team to provide instrumental computer science learning tools to the global education market.”
pi-top provides everything a school needs to implement engaging, standards-aligned computer science lessons with students around the globe. The pi-top computer science ecosystem is centered around Further, the easy-to-use lesson management platform that provides a path for students to grow, from beginner to advanced computer science skills, through real-world STEAM lessons and activities.
In addition, pi-top’s ecosystem enables integration with computer science products from other manufacturers, extending a school’s investment in all technology. Learn more at pi-top.com or on the pi-top blog. Follow us on Facebook and Twitter, Instagram and YouTube.