Owl Ventures, a Menlo Park, Calif.-based venture capital firm focused on EdTech, closed over $1 billion in three new funds.
The firm closed:
- $640 million for its fifth fund,
- $270 million for its second Opportunity Fund, and
- over $100 million in special purpose vehicles.
The new funds will further accelerate Owl Ventures’ strategy of making early, growth, and later stage investments in the world’s leading EdTech companies.
Led by Managing Directors Ian Chiu, Tom Costin, Amit Patel, Tory Patterson and Partners Malvika Bhagwat, and Kate Chhabra, Owl Ventures has been a major investor in many of the fastest growing companies in the global EdTech market. These include “unicorn” $1B+ valuation companies such as Apna, BYJU’s, Degreed, Greenlight, MasterClass, Newsela, Quizlet and Stash.