Elevate K-12 Raises $40M in Series C Funding

elevate-k-12

Elevate K-12, a Chicago, IL-based provider of live-streaming instruction for US K-12 classrooms, raised $40M in Series C funding.

The round was led by  General Catalyst. General Catalyst Executive in Residence, Lexi Reese, will join Elevate’s board.

The company intends to use the funds to invest in product and delivery to enhance school and classroom teaching experiences.

Led by CEO Shaily Baranwal, Elevate K-12 is an instructional services company that brings high-quality live streamed instruction into K-12 classrooms. Its tech-enabled service comprises Proprietary Live Instructional Management Technology, Live Instruction Service, Curriculum and Classroom Management to provide the tools for collaborative teaching and learning that emulates the experience of a real, physical classroom.

The company currently operates in 27 states and is rapidly expanding to new states and districts across the U.S. in K-12 schools.

FinSMEs

21/06/2022