Sainaptic lands £1M to expand AI-assisted marking technology

What happened

UK-based edtech startup Sainaptic has raised £1 million in fresh funding to expand its AI-assisted assessment marking technology. UK-based edtech startup Sainaptic hasraised £1 million in fresh funding to expand its AI-assisted assessment markingtechnology.

The round was co-led by Cornerstone VC and Ufi Ventures , with participation from Elm Venture Partners and Brighteye Ventures . Founded by Cambridge-trained educators and data scientists Kavitha Ravindran and Rajeshwari Iyer , Sainaptic develops AI-powered tools to help exam boards and training providers assess vocational and professional qualifications.

These qualifications often involve short answers, essays, reports, presentations and professional discussions rather than multiple-choice questions. Assessing this work requires trained professionals and can take up to 90 minutes per assessment, delaying learner feedback, certification and entry into employment while increasing costs for assessment providers.

Key facts

• Assessing this work — requires: trained professionals and can take up to 90 minutes per assessment, delaying learner feedback, certification and entry into employment while increasing costs for assessment providers