Teachers and school districts spend millions each year on testing and assessments. The Wise app seeks $500K in funding to develop a mobile grading platform that uses question recognition technology to grade exams of up to 100 questions digitally. This provides data and reporting benefits while validating a subscription payment model that could generate $2 million in annual revenue. The management team, comprised of teachers and education technology founders, has already invested over $100K and seen over 700 app downloads in the first 10 weeks of a beta launch.