- Elevate K12 was founded in 2015
- VisionTech made its first investment in 2018
- VisionTech has invested in three follow-on rounds
- Angel investors play a critical role in launching early stage companies
VisionTech is delighted to share that our portfolio company Elevate K12 has completed its $40 million Series C in a round led by venture capital firm General Catalyst. This funding will allow the company to continue investing in their product and continue to scale beyond the 27 states currently using the livestream teaching platform. Former Google executive Lexi Reese has joined the board of directors, another huge positive.
We are gratified that our investors recognized and believed in Shaily’s vision and focus in the company’s earliest days, investing in a total of four rounds. As early investors, we took a big risk in a small startup. To see how far Elevate K12 has come in their mission to bring quality teaching to all kids regardless of zipcode, is very gratifying as is seeing the company’s valuation increase exponentially.
Congratulations again to Shaily and the Elevate K12 team and to all of the VisionTech Angels who invested. It will be exciting to see what comes next.
READ ELEVATE K12’S PRESS RELEASE HERE.