Everyday Labs Reels in $8 Million Series A

<p><span class&equals;"xn-location"><strong>REDWOOD CITY<&sol;strong> &&num;8212&semi; <&sol;span>EveryDay Labs&comma; which works with thousands of schools to boost attendance rates through behavioral science&comma; announced an <span class&equals;"xn-money">&dollar;8 million<&sol;span> Series A round of financing led by Rethink Impact&comma; the largest U&period;S&period;-based impact venture capital fund investing in female leaders using technology to generate social impact&period;<&sol;p>&NewLine;<p>The round also includes participation from Reach Capital&comma; Gary Community Ventures&comma; City Light Capital&comma; RedHouse Education&comma; Edovate Capital Bonsal Capital&comma; and Copper Wire Ventures&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Improving attendance is one of the most fundamental ways to support learning recovery and get students back on track academically&comma;&&num;8221&semi; said <span class&equals;"xn-person">Jennifer Kretschman<&sol;span>&comma; MTSS Director of Sacramento City Unified School District&period; &&num;8220&semi;This is clearly critical during COVID&comma; but frankly&comma; is an issue we all must address during &&num;8216&semi;normal times&&num;8217&semi; as well&period; EveryDay Labs plays an instrumental role in this strategy for us&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Although absenteeism is predictive of lower academic performance and leads to 7x higher dropout rates&comma; the &&num;8220&semi;attendance gap&&num;8221&semi; is growing&period; According to &&num;8220&semi;<u>Present Danger&colon; Solving the Deepening Student Absenteeism Crisis<&sol;u>&&num;8221&semi; a recent report from <span class&equals;"xn-org">Georgetown University<&sol;span>&comma; COVID led to lower rates of attendance for students in under-resourced communities&comma; even as attendance rates for more affluent students increased&period;<&sol;p>&NewLine;<p>&&num;8220&semi;This funding is an important step in meeting the needs of district leaders serving millions of K–12 students and families&comma; so that all students have the opportunity to learn every day&comma;&&num;8221&semi; said EveryDay Labs CEO&comma; <span class&equals;"xn-person">Emily Bailard<&sol;span>&period; &&num;8220&semi;It&&num;8217&semi;s about generating new insights into a pervasive problem&comma; and investing in tools that reflect the aspirations of school district leaders and students alike&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Even before the pandemic&comma; a growing number of U&period;S&period; school districts were tapping the potential of behavioral and data science to tailor interventions and supports to realworld needs&comma; and engage families to improve attendance and student outcomes&period; On average&comma; districts that partner with EveryDay Labs see a 10–15&percnt; reduction in chronic absenteeism&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Emily is leading a team that is bringing advanced analytic capabilities to bear on a vexing challenge at an absolutely critical moment&comma;&&num;8221&semi; said <span class&equals;"xn-person">Jenny Abramson<&sol;span>&comma; Founder &amp&semi; Managing Partner of Rethink Impact&period; &&num;8220&semi;This is a technology that has already had a profound impact on energy consumption and other major segments of the economy&period; By translating Dr&period;<span class&equals;"xn-person">Todd Rogers&&num;8217&semi;<&sol;span> research into solutions that improve communication between schools and families&comma; they are proving that the educational implications of behavioral and data science can be equally profound and help close the critical attendance gap&period;&&num;8221&semi;<&sol;p>&NewLine;

Editor

Nova Intelligence Secures $40 Million

SAN FRANCISCO -- Nova Intelligence has secured $40 million in funding across seed and Series…

15 hours

LTZ Therapeutics Lands $38 Million

REDWOOD CITY & SHENZHEN, China -- LTZ Therapeutics, a clinical-stage, immunotherapy-focused biotechnology company, has announced…

16 hours

Astranis Pulls In $450 Million for Advanced Satellites

SAN FRANCISCO -- Astranis has raised $450 million in new capital, bringing the company’s total…

16 hours

Corgi Raises $160 Million Series B

SAN FRANCISCO -- Corgi, a full-stack insurance platform for startups, has raised $160 million in…

16 hours

SuperMicro to Build 714,000 Square Foot Campus in Silicon Valley

SAN JOSE -- Super Micro Computer, a provider of servers for enterprise companies with optimized Data…

3 days

RadixArk Debuts With $100 Million

PALO ALTO -- RadixArk, a company providing access to frontier AI infrastructure, has launched with…

3 days