Subject Raises $29.4M in Series A Funding

Subject, a Los Angeles, CA-based based digital learning platform provider, raised $29.4M in Series A funding.

The round was led by Owl Ventures, with participation from Kleiner Perkins and SoftBank Group, as well as Hispanic Scholarship Fund and Moving Capital. Tory Patterson, Managing Director and Co-Founder at Owl Ventures, has joined Subject’s Board of Directors.

The company, which had raised a total of $34.7m, intends to use the funds to expand operations and its business reach.

Led by CEO Felix Ruano, and President Michael Vilardo, Subject provides a digital product that addresses several key use cases in high schools including credit recovery, course expansion, independent study, and summer school. The platform consists of four key features: 1) accredited curriculum spanning core, advanced placement (AP), and elective offerings, 2) video content, 3) services that support learners and assist educators, and 4) experiences that deliver positive learner outcomes while providing educators with valuable insights.

Subject is already partnered with 70+ schools and districts across the country, including several KIPP campuses, Merced Union High School District, and Jefferson County School District, as well as thousands of individual learners.

The company has seventy employees across offices in Los Angeles and Seattle.

FinSMEs

23/03/2022