A Shelton online education startup got a $150,000 matching equity stake from the state’s tech investment arm to expand, authorities say.
Connecticut Innovations Inc. in Rocky Hill is backing Axiom Education through its Pre-Seed Fund.
Axiom also got a matching sum from an unidentified individual investor, CI said Wednesday.
Using technolgoy licensed from Fairfield University, Axiom is “tapping into one of our state’s strongest resources – the intellectual capital residing at Connecticut colleges and universities,” said CI CEO Claire Leonardi.
Axiom has developed a Web-based course and learning outcomes software-as-a-service for K-12 and secondary-education institutions.
Chett Rubenstein is Axiom’s CEO and one of three founding members.
Its core product, Mentor, was created by Fairfield U. professor Curt Naser, who is also Axiom’s founder and chief product officer.
The university currently uses Mentor, along with Loyola University, Marymount University, Elon University, University of San Francisco and Easton Country Day School.
CI investment analyst David Guerrera is Axiom’s liaison.