MEandMine, a Palo Alto, CA-based startup focused on improving classroom well-being through AI-flagging of psychological risks in young children, has successfully raised $4.5 million in funding. The funding round was led by K5 Global.
Key Details of the Funding Round
- Amount Raised: $4.5 million.
- Lead Investor: K5 Global.
Company Overview
MEandMine, founded by Elinor Huang, is dedicated to enhancing the mental health and well-being of students in classrooms. The company’s platform leverages artificial intelligence to monitor and identify psychological risks in real-time as students engage in various activities.
Platform Capabilities
- AI-Powered Screening: MEandMine uses AI to analyze over 160 in-game data points, identifying potential psychological risks among students.
- Real-Time Monitoring: The platform allows for real-time monitoring of students’ mental health, enabling early detection of issues.
- Support for Educators: Teachers and school counselors receive actionable insights, facilitating early interventions and support.
- Data-Informed Decisions: The system helps educators make informed decisions for tier 2 and tier 3 interventions, ensuring timely and effective support for students in need.
Strategic Use of Funds
With the new funding, MEandMine plans to:
- Expand Operations: Scale up its operational capabilities to reach more schools and educational institutions.
- Enhance Development: Further develop and refine its AI-powered platform to improve accuracy and effectiveness in identifying psychological risks.
The $4.5 million funding round will enable MEandMine to expand its impact in the educational sector by providing advanced tools for monitoring and improving student well-being. By leveraging AI technology, MEandMine is poised to make a significant difference in the early identification and support of psychological issues in young children, fostering a healthier and more supportive classroom environment.