Sashi Reddi of SRI Capital and Yellowdig founder Shaunak Roy had lunch in Center City one day.

A month after they first shook hands, a deal was made: SRI Capital was investing a cool $1 million in Roy’s company.

Today, after all the details have been ironed out, the Center City-based edtech company announced the closing of that funding round, which is geared at kicking off a year of growth for the company. Yellowdig was founded in 2014 as something like a “Reddit for the classroom.”

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