Fiveable, a Milwaukee-based edtech platform, secured $2.3m in venture capital funding.
The round, which brings fundraising total to $3.5m, was led by BBG Ventures, with participation from Metrodora Ventures (Chelsea Clinton’s newly launched fund focused on health and learning businesses), Deborah Quazzo, Spero Ventures, Matchstick Ventures, Cream City Venture Capital, 27V, Golden Angel Investors, and SoGal.
The company intends to use the funds to accelerate growth.
Led by Amanda DoAmaral, founder and CEO, Fiveable is an online social learning company that seeks to empower high school students through educational content, community, and collaboration. By providing free and engaging resources, the solution allows students to master complex concepts and skills through interactive live streamed lessons and discussions, fun review games, and study guides. Founded in 2018, the company has since supported 1.5M high school students with dedicated test prep resources.