Elevate K-12 Receives $25M in Growth Funding

Elevate K-12

Elevate K-12, a Chicago, IL-based company that provides synchronous LIVE teaching for K-12 classrooms in the United States, raised $25M in Growth financing.

Trinity Capital (NASDAQ: TRIN) provided the financial resources.

The company intends to use the funds to increase working capital, scale operations, and fund growth initiatives.

Led by CEO and Founder Shaily Baranwal, Elevate K-12 is an instructional services company that brings LIVE teaching to K-12 classrooms across the U.S. Schools and districts partner with it to provide teaching to their students in any classroom, especially in hard-to-staff subjects. Its tech-enabled service was built for K-12 education and is powered by certified, qualified teachers using state-aligned curriculums. The company is expanding throughout the U.S., offering equity in education nationwide.

FinSMEs

15/05/2024