Educational Technology

May 9, 2017

Everfi raises $190 million to teach life skills and touchy subjects online

Filed under: Educational Technology — admin @ 12:30 am

by TechCrunch

EVERFI Inc. has raised $190 million in Series D funding to teach students online the life skills and touchy subject matter that they never learned in school. A sampling of courses offered by Everfi range from “Harassment Prevention Training” for the workforce, to “Alcohol EDU” for college students and “Vault Understanding Money” for fourth-, fifth- and sixth-graders. TPG Growth and The Rise Fund led the Series D investment, contributing $150 million combined, along with Main Street Advisors, Advance Publications and earlier backers of Everfi including Jeff Bezos, Eric Schmidt, Ev Williams and Allen & Company, according to a company statement. Everfi CEO and co-founder Tom Davidson said his startup operates as a for-profit, for-good venture. “We look at these major, intractable social problems and aim to eradicate them by educating citizens from second graders to seniors,” he said, “but we also want to be the dominant learning platform for major institutions.”

https://techcrunch.com/2017/04/26/everfi-raises-190-million-to-teach-life-skills-and-touchy-subjects-online/

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