ApprenNet Closes $1.8M First Financing Round

apprennet-logoApprenNet, a Philadelphia, PA-based web and mobile platform to enable practice-based learning for both soft skills and hands-on technical training, closed a $1.8 million first round of financing.

The round was led by Nick Hammerschlag’s Martellus Holdings, with participation from the Jefferson Education Fund, founded by the University of Virginia’s Curry School of Education, and the Education Design Studio, in collaboration with the Graduate School of Education at the University of Pennsylvania, 1776, Apollo Education Ventures, Palm Ventures, Ben Franklin Technology Partners, Abbhi Capital, and New Ground Ventures.

Led by Paul Freedman, CEO, ApprenNet provides a platform to deliver apprenticeship-style learning. Employers and educators use the platform to enhance critical thinking, communication and hands-on skills across their organizations. The company’s patent-pending technology for individual practice, peer review, expert coaching and performance analytics was developed through research funded by the National Science Foundation.

ApprenNet announced its merger with Handsfree Learning in July 2015.




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