Ellevation Raises $2.35 Million - News
Summary
ELLEVATION: Boston-based Ellevation, which delivers software to support English Language Learners and their teachers, raised $2.35 million from nine investors, which include: NewSchools Venture Fund, long-time entrepreneur and policymaker, Chris Gabrieli, Rethink Education, along with Lynda Schubert Bodman, Adam Miller, Rick Burnes, Niko Klein, Josh Tolkoff and Eileen Rudden. Jordan Meranus, CEO and co-founder of Ellevation, was formerly a partner with NewSchools Venture Fund, a co-founder of the nonprofit, Jumpstart, and a teacher. Heres an overview of the Ellevation platform from EdSurge.
Funding
Amount
$2.4M
Total raised
Date
July 24, 2013
Announcement date
Investors
Bessemer Venture Partners, Rethink Education, NewSchools
Lead investors
Company
http://www.ellevationeducation.com
Funded company
Classifications
industries
EduTech - institutions
applications
EduTech - learning
AskAI Classifications
Labels
Educational Technology
Software as a Service (SaaS)
K-12 Education Software
Linked Companies
Ellevation
$10M to $25M