NEW YORK, NY, EdTech startup Pressto announced its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners.
EdTech startup Pressto announced its Pre-Seed Capital raise of $1.5 million led by Tidal Venture Partners and with participation by Copper Wire Ventures as well as angels including Isa Watson (Lightspeed Ventures Scout Fund), Wray Thorn (Clear Heights Capital), Dan Carroll (Clever), Ann Berry (Threadneedle Ventures), Jacob Zachs (former Newsela), Chris Yeh (Blitzscaling Ventures) and Alex Rappaport (Flocabulary).
Pressto was founded in 2021 by Daniel Stedman, the co-founder of Brooklyn Magazine and Northside Media. Stedman volunteered to launch an elementary school newspaper where his son was a student in Brooklyn and found that many student newspaper programs had been abandoned, which was part of his inspiration for creating Pressto. The SaaS platform's proprietary tools teach straightforward educational skills, along with critical thinking and media literacy, helping kids to differentiate between fact and opinion, leaving young people less susceptible to the manipulations of social media and propaganda. Pressto's newspaper builder gets students doing, the educational skills get students learning, and the cognitive behavior therapy gets students understanding.
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