Pathbrite Secures $2.5M in Series A Funding

Pathbrite, a San Francisco, CA-based digital portfolio company that helps students collect, track, and share a lifetime of experiences, has secured $2.5m in Series A funding.

Backers include Rethink Education and ACT, the U.S. leader in college and career readiness assessment.

The company intends to use the funding for continued product development and user acquisition.

Led by Founder and CEO Heather Hiles, Pathbrite delivers digital portfolios to help individuals and institutions collect, track and showcase achievements of all kinds. Its Portfolio Platform, allows employers, institutions, teachers and administrators to assess academic or lifelong learning progress, predict future performance, and gain institution-wide knowledge of learning outcomes.
The basic version of Pathbrite Portfolios will always be free to individual users. In the future, the company will introduce premium features for both individuals and institutions, for which fees will be charged.

In conjunction with the funding, Rethink Education Managing Directors, Rick Segal and Matt Greenfield, and ACT’s David Cumberbatch will join Pathbrite’s Board of Directors.

FinSMEs

20/06/2012

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