Synergis Education, a Chandler AZ-based provider of educational services to adult learners from Universities across the US, completed a $5m Series A2 financing round.
Backers included Mitsui & Co. (U.S.A.), a wholly owned subsidiary of Mitsui & Co., Ltd., Tokyo, Japan, which joined University Ventures Fund I, L.P. and affiliated entities, along with limited partners Bertelsmann SE & Co. KGaA. In conjunction with the investment, Amit Avnet, Director, Consumer Service Business Division of Mitsui USA. joined Synergis’ Board of Directors.
The company plans to use the funds to add and expand programs at these partner universities, with an emphasis on healthcare programs, as well as to add new partner institutions.
Led by CEO and co-founder Norm Allgood, Synergis is a provider of educational services designed for college and university adults who are not satisfied with the status quo.
It partners with universities to fund, establish and grow higher education programs for non-traditional adult learners.
Universities include Cornerstone University, Gwynedd Mercy University, Cardinal Stritch University, Warner Pacific College, Averett University, University of Southern California and Samuel Merritt University, Gratz College and Harrisburg University.
25/09/2013: Synergis Education Closes $33M Series A Financing