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Finance Financial Services Higher Education North America

MPOWER Financing Raises $100M in Equity Funding

– MPOWER Financing is a Washington, DC-based fintech platform and provider of education loans to high-promise students around the world.
– The company raised an equity investment of $100m.
– Backers included Tilden Park Capital Management, ETS Strategic Capital on behalf of ETS, King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management.
– The new investment will be used to expand its platform and operations.

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Education Higher Education North America

Foundry College Raises $1M in Funding

– Foundry College is an online college that builds skills and knowledge with face-to-face classes in an online environment.
– The company raised $1M in funding.
– The round was led by Zanichelli Venture into its open convertible note.
– The new investment will be used to grow nationwide.

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E-Learning Higher Education North America

Digital Learning Platform Engageli Raises $33 Million

– Engageli is a purpose-built digital learning platform designed to provide superior learning experiences for students and instructors across higher education.
– The company raised $33m in Series A funding.
Maveron and Corner Ventures co-led the round.
– The new capital will be used to further scale Engageli’s product development and fuel its continued growth.
– Engageli was designed from the ground up by educators to offer an inclusive and engaging platform for students and to enable modern pedagogical best practices that drive student success.

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EdTech Education Higher Education North America Software Engineering

Holberton Announces $20M Series B

– Holberton, which makes software engineering education affordable and accessible globally, has raised $20m in Series B funding.
Redpoint eventures led the funding round with new investor Pearson Ventures and participation by existing investors Daphni, Imaginable Futures, Reach Capital and Trinity Ventures.

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Finance Financial Services Higher Education North America

MPOWER Financing Secures $5M

– MPOWER Financing, an innovative fintech platform and the leading provider of educational loans to high-promise international and DACA students, announced that it has secured a $5 million investment from ETS Strategic Capital on behalf of ETS, the world’s largest nonprofit educational assessment, research and measurement organization.
– The investment is in addition to a recent $25 million round, led by Tilden Park Capital, to further automate MPOWER’s digital loan platform and expand the company’s impact to thousands of additional international & DACA students.

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Artificial Intelligence Asia Career Planning EdTech Education Higher Education Internet Marketplace

Leverage Edu raises $6.5 million to help Indian students land in top colleges abroad

– Leverage Edu, a startup that helps Indian students land in top colleges abroad, raised $6.5m in a new financing round.
– The round was led by Tomorrow Capital and joined by existing investors Blume Ventures and DSG Consumer Partners.
– The startup plans to use the funds to expand its platform in the world’s second-largest internet market.

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