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Mentor Collective Raises $21M To Accelerate Mission Of Bridging Equity Gaps In Higher Education

PRIVATEJan 24, 2022

Amount Raised

$21 Million

Round Type

Venture

BostonCommerce and ShoppingFinancial ServicesEducationLending And Investmentsinformation technology & services

Description

Mentor Collective, the leading provider of scalable, structured mentorship programs, announced today that it has raised strategic funding to meet the growing demand for large-scale peer mentorship on today's college campuses. The Series A investment round was led by Resolve Growth Partners - a venture capital and growth equity firm committed to helping technology-enabled companies realize their full potential. Additionally, the round included reinvestments from Mentor Collective's initial thought partner Lumina Foundation - an independent, private foundation in Indianapolis committed to making opportunities for learning beyond high school available to all. In 2021, Mentor Collective - a remote-first company founded in Boston - created over 83,000 mentorships, exceeding the cumulative total of the last six years

Quick answer

Mentor Collective raised $21 Million in a funding round, dated January 24, 2022. Mentor Collective is based in Boston, Massachusetts, United States.

How much did Mentor Collective raise?
Mentor Collective raised $21 Million in a funding round on January 24, 2022.
What does Mentor Collective do?
Mentor Collective—the leading provider of high-impact, large-scale mentorship programming in higher education—is a collective of institutions and thought leaders dedicated to closing the opportunity gap through..
Where is Mentor Collective based and how big is it?
Mentor Collective is based in Boston, Massachusetts, United States. Fundz records about 610 employees.
Who are the decision-makers at Mentor Collective?
Fundz holds 1 contact at Mentor Collective, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

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

  • Lendable raised $274M (Funding Round) on March 10, 2022.
  • Branch raised $75M (Funding Round) on March 9, 2022.
  • PrimaryBid raised $190M on February 21, 2022.
  • Branch raised $143M on February 17, 2022.
  • Branch raised $300M (Funding Round) on February 10, 2022.
  • PrimaryBid raised an undisclosed amount (Funding Round) on January 10, 2022.

Who to call at Mentor Collective, and when

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Company Information

Company

Mentor Collective

Location

294 Washington St

Boston, Massachusetts, United States

About

Mentor Collective—the leading provider of high-impact, large-scale mentorship programming in higher education—is a collective of institutions and thought leaders dedicated to closing the opportunity gap through mentorship. Founded in 2014, Mentor Collective has delivered 700+ unique mentorship programs, established 160+ institutional partnerships, and formed 200,000 mentoring relationships through expert-led research, services, and technology. As an impact-first investment of the Lumina Foundation, Mentor Collective partners with forward-thinking institutions that are committed to equity, inclusion, and relationship-centered education.

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Related People

1 contact
Verified contactsErin M., CEOSee plans and pricing
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Mentor Collective 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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