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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.

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.

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.

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.

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.

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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