San Francisco-based personal-development company Tailor-ED has secured $1.6 million in seed funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Oct. 30 and led by Benson Oak Ventures.
According to its Crunchbase profile, "Tailor-ED allows teachers to provide an engaging and effective learning experience for students. It creates learning experiences to the needs of the teacher and each and every student. For us, creating engaging and effective learning experiences is about first seeing and supporting the whole learner."
The two-year-old startup also raised a $150,000 seed round earlier this year.
The round brings total funding raised by San Francisco companies in education over the past month to $10 million, an increase of $7.6 million from the month before. The local education industry has seen 69 funding rounds over the past year, raking in a total of $616 million in venture funding.
In other local funding news, cosmetics company ELSI Beauty announced a $1 million pre-seed round Oct. 22, led by Founders Future.
According to Crunchbase, "Based upon 10 years of skin research and industrial experience with renowned French and U.S. institutions, ELSI was created to disrupt the $120 billion health and beauty industry by giving consumers a new array of science-backed and clean beauty products powered by advanced analytics."
The company also raised a $100,000 pre-seed round in 2018.
Meanwhile, gambling company ZenSports raised $675,000 in seed funding, announced Oct. 29. The round was financed by Jor Law.
From the company's Crunchbase profile, "ZenSports is a mobile peer-to-peer sports betting marketplace where anyone can create and accept sports bets with anyone else in the world, without the need for a centralized bookmaker. ZenSports is truly peer-to-peer in every sense of the word. Bettors can quickly and easily fund their accounts from their phone, using fiat or cryptocurrencies."
ZenSports last raised $402,850 in pre-seed funding in 2018.
Also of note, accounting and mobile payments company PocketSuite raised $500,000 in grant funding, announced Nov. 7 and financed by 43North.
From Crunchbase, "PocketSuite helps service professionals run their business from their smartphone. The platform facilitates various services for entrepreneurs, including the ability to schedule appointments, accept payments and communicate directly with clients. PocketSuite’s aim is to mobilize small businesses and provide the benefits of ERP technology to all industries."
The company previously raised $1.2 million in seed funding in 2016.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.
