FAILDEX失樂園
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ClassTag

The business, the turning points, and the decisions behind them.

Founded2015
Event year2023
FundingUS$10.6M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

ClassTag was a New York-based unified family communication and engagement platform for educators, schools and districts, founded in 2015 by Vlada Lotkina and Jason Olim. Its free app let teachers communicate and coordinate with families — events, field trips, fundraisers, parent-teacher conferences — reaching parents through their preferred channel (SMS, email, app, web or even paper) with automatic translation into 60–100+ languages, plus a parent-engagement dashboard for teachers. It grew to about 2 million users across 25,000 US schools (34 employees) after raising roughly $7 million in seed funding, and later to over 5 million families. In August 2023, K-12 data and communications provider SchoolStatus acquired ClassTag in its entirety — operations and technology — integrating it into its data and school-home communications platform.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Founded in New York by Vlada Lotkina and Jason Olim as a free parent-teacher communication platform, born from Lotkina's own experience as a working parent.

  2. $5M seed

    Raised $5 million in seed funding (AlleyCorp, Contour Ventures, Founder Collective and others), bringing total seed funding to about $7 million; 2 million users across 25,000 US schools; 34 employees.

  3. Acquired by SchoolStatus

    In August 2023 SchoolStatus acquired ClassTag in its entirety — operations and technology; the 5-million-family platform was integrated into SchoolStatus' data and school-home communications platform, with free users keeping access. This was an acquisition, not a failure.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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