Proximity-based video conferencing platform InSpace raises $6 million seed funding
2021-06-09 19:14:19


InSpace, a collaborative video conferencing platform that replicates personal interaction between students and teachers in virtual classrooms, announced that the company has raised $6 million in two rounds of seed funding, according to its news release.

The funding is led by Boston Seed Capital, Gutbrain Ventures and PBJ Capital, in addition to other investors.

The seed funding will expand educator support, establish a resource network for users. Other improvements include streamlined registration and payment.

Founded in 2020, InSpace is a video learning platform that allows users to teach online the way they would in a classroom. The company said its platform is used by thousands of professors in over 100 universities and K-12 schools worldwide. 

The membership plans begin at $39 per host per month, allowing for up to 25 participants per space. Custom rates are available for enterprise-level groups with up to 50 participants per space and an unlimited number of hosts. 

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