Ponddy Education, Inc., Secures $6 Million
Ponddy Education, Inc., today announced it has secured $6 million in Series A funding in a round led by the Chenco Holding Company, LLC. Additional investors are Osnaburge Ventures, LLC, and MIC Ponddy AR Fund LP.
Ponddy Education, Inc., launched in 2015, uses big data analytics and natural language processing to analyze a corpus of more than 600 million words. Its patent-pending AI technology can curate any content into interactive learning modules that are interconnected with networks of highly relevant words, characters and radicals. According to the company, research shows this innovative approach allows for quicker understanding and acquisition of language.