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Data Center News > Blog > Investments > Packback Receives Investment from PSG Equity
Investments

Packback Receives Investment from PSG Equity

Last updated: March 24, 2024 8:47 pm
Published March 24, 2024
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Packback, a Chicago, IL-based supplier of an AI-enabled writing and dialogue platform, acquired an funding from PSG Fairness.

The quantity of the deal was not disclosed.

Commenting on the information, Kelsey Behringer, CEO of Packback, stated: “We’re all extremely excited to accomplice with PSG as we try to advance our shared aim of getting extra suggestions to all college students earlier within the studying course of.”

Packback supplies proprietary AI features as a digital writing assistant, serving to to construct college students’ confidence by offering individualized suggestions earlier than they submit their assignments. For educators, the platform presents scaffolded, AI-powered assist to make the grading course of simpler, giving them extra time to offer customized, content-specific suggestions. The proprietary AI and machine studying expertise supplies inquiry-based on-line dialogue by way of their flagship product, Packback Questions, and long-form writing assist with Packback Deep Dives, to over 10,000 instructors and over 1.5 million college students, throughout hundreds of programs in Ok-12 and better training.

FinSMEs

22/03/2024


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See also  Gracie Point Closes Funding
TAGGED: equity, Investment, Packback, PSG, receives
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