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Elevate K-12 Raises $40M Series C Led By General Catalyst To Address Growing National Teacher Shortage

RECENTLY ACQUIREDJun 16, 2022

Amount Raised

$40 Million

Round Type

Series C

ChicagoEducationNon ProfitE LearningEdtechLanguage Learning

Description

Elevate K-12, the leading provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a Series C $40M round of funding led by venture capital firm General Catalyst. The funding will support Elevate K-12 in its mission to solve the ongoing teacher-shortage crisis by scaling its live stream instruction model to more schools and districts that lack teachers in critical content areas due to zip code barriers. The funding will allow Elevate K-12 to invest in product and delivery to enhance school and classroom teaching experiences.

Quick answer

Elevate K-12 raised $40 Million in a Series C round, dated June 16, 2022. Elevate K-12 is based in Chicago, Illinois, United States.

How much did Elevate K-12 raise?
Elevate K-12 raised $40 Million in a Series C round on June 16, 2022.
What does Elevate K-12 do?
Elevate K-12 is a Chicago-based instructional services company that brings remarkable LIVE teaching to K-12 classrooms across the United States.
Where is Elevate K-12 based and how big is it?
Elevate K-12 is based in Chicago, Illinois, United States. Fundz records about 999 employees.
Who are the decision-makers at Elevate K-12?
Fundz holds 1 contact at Elevate K-12. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and Non Profit around the same time

Companies in the same sectors as Elevate K-12 that raised within 45 days of this round, from Fundz verified event records.

  • Great Minds raised $150M on July 14, 2022.
  • Raven360 raised $8.1M on July 7, 2022.
  • Vanta raised $150M on June 16, 2022.
  • American Veterans Group raised an undisclosed amount (Funding Round) on July 26, 2022.
  • Bento - Dental Insurance Disruptor raised $8.1M (Series A) on July 26, 2022.
  • Aurora Institute raised $8M (Funding Round) on July 25, 2022.

Who to call at Elevate K-12, and when

A new round usually means Elevate K-12 is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Elevate K-12 raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Elevate K-12, from your own LinkedIn network

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Company Information

Company

Elevate K-12

Location

Chicago, Illinois, United States

About

Elevate K-12 is a Chicago-based instructional services company that brings remarkable LIVE teaching to K-12 classrooms across the United States. Its tech-enabled service was built for K-12 education and is powered by certified, qualified teachers using state-aligned curricula. Elevate K-12 is rapidly expanding throughout the U.S., providing equity in education nationwide.

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Elevate K-12 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.