Students may feel relief as they hand in an exam, but the moment marks the beginning of stress and anxiety for instructors and teaching assistants, who may need to grade hundreds of tests in a short time. Arjun Singh knows the feeling well. While earning a PhD in computer science from the University of California, Berkeley, Singh was one of a handful of teaching assistants tasked with grading—by hand—hundreds of computer science exams throughout a semester. The trained programmer knew there had to be a more efficient way. And so he began building a prototype for an automated online grading tool that today has grown into his company, Gradescope
. Today, Gradescope announced
that it has raised $2.75 million in a funding round led by Reach Capital. GSV AcceleraTE and Ironfire Ventures also participated, as well as the startup’s existing investors K9 Ventures, Freestyle Capital and Bloomberg Beta.