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Reach Capital

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CHALLENGE

Education technology companies serving the needs of our target student population lack the investor base and patient capital to scale

  • Organizations building effective products and services that improve student learning and teacher effectiveness in the classroom are not attracting sufficient capital
  • There exists a clear Series A-C funding gap that poses a threat to the long-term scalability/sustainability of the industry

PROGRAM STRATEGY

Support Reach as investor dedicated to identifying, supporting, and catalyzing capital for educational technology companies serving low income students

  • Use PRIs to strengthen the availability of technology enabled content and tools that truly meet teacher and student needs while providing incentives to cultivate a strong investor base that will attract more capital to the sector long-term

PARTNER

Reach Capital
Palo Alto-based venture fund that will lead Seed and Series A/B investments in US K-12 education technology companies.

Foundation focus: Ensuring that those investments will be in the service of those students most in need and that they will address clear gaps in the market

INVESTMENT

$6M LP Equity Investment
Date: October 2015
Co-Investors: Confidential foundations, family offices and strategic education focused organizations

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