Acadeum, an Austin, TX-based creator of a course-sharing platform, raised $11.92M in Series B funding.
The round was led by Green Street Impact Partners, along with ECMC Group’s Education Impact Fund and Pearson Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO David Daniels, Acadeum helps colleges and universities create academic partnerships with like-minded institutions to support student progress and equitable access to workforce opportunity. Today, more than 460 higher ed institutions use its course-sharing network to place students in in-demand online courses they need to stay on track for timely graduation. The platform enables seamless access to online college courses for a wide range of learners including those in high school and working full time.
In addition to facilitating the sharing of courses from hundreds of individual colleges and universities, Acadeum’s technology platform supports sharing across national and regional consortia, including The Council of Independent Colleges Online Course Sharing Consortium, The League for Innovation in the Community College Online Course Sharing Consortium, and the Southern Regional Education Board’s HBCU-MSI Course-Sharing Consortium. The company has also partnered with Coursera to allow institutions to expand their offerings of professional certificates aligned with immediate workforce needs.
FinSMEs
24/05/2023