Pressto was founded in 2021 by Daniel Stedman, the co-founder of Brooklyn Magazine and Northside Media. The SaaS-based platform provides writing and journalism education for K-12 students and contains proprietary technology that helps develop media literacy, critical thinking, and writing skills and acts as a tool for creative communication. The platform offers a newspaper builder, interactive tools that provide real-time feedback and guidance, cognitive behavior therapy lessons to aid understanding and critical thinking, and the Pressto Academy that secures paid writing assignments for graduates.
Pressto announced its global launch in April 2021. The company seeks to partner with schools to implement the program as a supplemental curriculum, with plans to extend the program to parents and children for personal use. The program was a part of a pilot program with schools in the US and Canada.
Funding and financials
In May 2022, the company raised USD 1.5 million in a pre-seed funding round led by Tidal Venture Partners. It planned to use the funds for product development and market expansion.
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