Fundz

Cambridge Trust Provides Financing To Support Masteryprep's Growth

PRIVATEJan 10, 2023

Round Type

Funding Round

United StatesFinancial ServicesEducationFinance

Investors

Cambridge BancorpCambridge Trust Company

Description

Cambridge Trust Company, a subsidiary of Cambridge Bancorp (NASDAQ: CATC), announces that it has provided financing to MasteryPrep, a technology company focused in the education sector working with hundreds of school districts around the country to level the playing field on college readiness and end-of-course exams. The financing allows MasteryPrep to continue its growth objectives, having recently been recognized as one of the country's fastest-growing K-12 education companies.

Quick answer

MasteryPrep raised an undisclosed amount in a Funding Round round, dated January 10, 2023. Investors: Cambridge Bancorp and Cambridge Trust Company. MasteryPrep is based in United States.

How much did MasteryPrep raise?
MasteryPrep raised an undisclosed amount in a Funding Round round on January 10, 2023.
Who invested in MasteryPrep?
Cambridge Bancorp and Cambridge Trust Company are named as investors in this round.
What does MasteryPrep do?
Cambridge Trust Company, subsidiary of Cambridge Bancorp (NASDAQ: CATC), is based in Cambridge, Massachusetts.
Where is MasteryPrep based and how big is it?
MasteryPrep is based in United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Education around the same time

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

  • DirectID raised $9.6M (Funding Round) on February 22, 2023.
  • Mintoak raised $20M (Funding Round) on February 21, 2023.
  • Montecito Medical Real Estate raised $50M (Funding Round) on February 21, 2023.
  • Uplinq raised $600K (Seed) on February 14, 2023.
  • Taurus raised $65M (Funding Round) on February 14, 2023.
  • QUASH.ai raised $3.7M (Seed) on February 11, 2023.

Who to call at MasteryPrep, and when

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Company Information

Company

MasteryPrep

Location

United States

About

Cambridge Trust Company, subsidiary of Cambridge Bancorp (NASDAQ: CATC), is based in Cambridge, Massachusetts. The 132-year-old Massachusetts chartered commercial bank has approximately $5.1 billion in assets as of September 30, 2022, and a total of 22 Massachusetts and New Hampshire locations. Cambridge Trust's Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire with $3.8 billion in client assets under management and administration as of September 30, 2022. To lean more, please visit cambridgetrust.com or visit Cambridge Trust on LinkedIn, Instagram, Twitter or Facebook.

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MasteryPrep 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.