Grockit

Grockit, Inc.
Type Educational Technology
Industry Education, Internet
Founded 2006
Headquarters San Francisco, CA, USA
Key people Roy Gilbert: CEO. Farb Nivi: Founder & Chief Product Officer
Website [1]

Grockit is an online social learning game company. Grockit prepares students for the SAT, ACT, GMAT, LSAT and GRE standardized exams.[1] Students can take practice tests while collaborating online with other users.[2] Grockit was founded in 2006 by Farbood Nivi.[3] Based in San Francisco, CA, it has raised a total of $17.8M in investment capital primarily from Atlas Venture, Benchmark Capital and Integral Capital Partners.[4][5] The company placed in the top 6 at the 2008 TechCrunch 50 conference.[6]

In May 2010, Grockit was recognized as one of the “2010 Hottest San Francisco Companies” by Lead411.[7]

Description

Grockit is a live online multiplayer game providing test prep.[8] It offers interactive play with other people studying for the same test.[9] It works to integrate elements of artificial intelligence with its services to adapt to students' unique needs.[10] Grockit believes that people learn better through peer-to-peer situations instead of teacher-to-student, and they are building their companies’ products around this idea.[5] Grockit is a play on the word Grok which means to understand something intuitively or by empathy.

References

  1. ^ http://www.readwriteweb.com/archives/6_great_tools_for_lsat_sat_and_gmat_test_prep.php
  2. ^ http://online.wsj.com/article/SB10001424052970204900904574304363629865056.html?mod=googlenews_wsj
  3. ^ http://www.crunchbase.com/person/farbood-nivi
  4. ^ By Dean Takahashi, VentureBeat. "Grockit raises $7M for social networkers who want to, gasp, study." May 17, 2010.
  5. ^ a b http://www.crunchbase.com/company/grockit
  6. ^ http://www.techcrunch.com/2008/09/10/yammer-takes-techcrunch50s-top-prize/
  7. ^ Lead411 launches "Hottest Companies in San Francisco" awards
  8. ^ http://www.fastcompany.com/magazine/138/5-startups-to-watch.html
  9. ^ http://testprep.about.com/b/2009/07/25/rock-it-with-grockit.htm
  10. ^ http://www.politicsdaily.com/2009/07/29/smart-technology-breeds-smart-students-in-web-test-prep-market/

External links