EverFi, Inc., a Washington, D.C.-based provider of skills learning software, raised $40m in funding.
Backers included Bezos Expeditions (an investment arm of Amazon founder and CEO Jeff Bezos), New Enterprise Associates, Tomorrow Ventures (an investment arm of Google Executive Chairman Eric Schmidt), Rethink Education, Advance Publications, Rethink Impact, and Silicon Valley Bank.
Founded in 2008 by CEO Tom Davidson, EverFi provides K-12, higher education, and adult learners with a SaaS based comprehensive critical skills platform – called Foundry – which delivers digital learning experiences and assesses learners’ knowledge and attitudes on skills including financial education, STEM career readiness, entrepreneurship, alcohol responsibility, sexual assault prevention, social and emotional learning, and employee compliance.
The EverFi Education Network is powered by over 3,300 financial institutions, technology companies, sports leagues, foundations, and higher education partner organizations across all 50 states and Canada and annually reaches over 6 million learners.
The company recently announced the acquisition of compliance education leader LawRoom, which grows its higher education customer count to 1,300 institutions and also adds over 1,500 enterprise compliance customers.