WebAssign is a pioneering player in the education industry, offering comprehensive online instructional tools for both faculty and students. The company collaborates with major textbook publishers to provide customizable precoded questions from a broad array of math and science textbooks. This, coupled with user-friendly tools for instructors to create their own questions, sets WebAssign apart. Since its establishment in 1998, the company has garnered a user base of over five million students, who have collectively submitted in excess of one billion answers to homework assignments, tests, and practice problems. WebAssign stands out for providing students with constructive feedback, delivering millions of pages of evaluations. On any given term, over 500,000 students from more than 1,500 educational institutions worldwide utilize WebAssign. Despite its impressive track record, details about the company's latest investment and its investors are not currently available. As WebAssign continues to make waves in the Education sector from its headquarters in the United States, it presents an intriguing prospect for venture capital firms seeking opportunities in the edtech space.
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