FAILDEX失樂園
中文

ClassroomIQ

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

Founded2010
Event year2013
Cash burnedUS$500K
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

ClassroomIQ (CIQ Labs) was a Chicago edtech company building a fast online grading tool for teachers. Its pitch: teachers spend up to 400 hours a year grading student assignments, and ClassroomIQ cut that time in half. Its hybrid solution let teachers, schools and districts keep using their existing paper-based assignments while grading them online in a fraction of the time and at a fraction of the cost — grade hundreds of questions in minutes using existing assignment formats. Based at 222 W. Merchandise Mart Plaza in Chicago, it was part of the Imagine K12 edtech accelerator network and was named among the top social enterprises to watch in 2017. No shutdown, bankruptcy or acquisition was found in any source; the company may be a misclassification in the failure records.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Founded in Chicago as CIQ Labs / ClassroomIQ, an online grading tool for teachers.

  2. Recognition

    Named among the top social enterprises to watch in 2017; part of the Imagine K12 accelerator network. No failure found after this point — the record may be misclassified.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

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

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.