Tech Company Financing Transactions

AltSchool Funding Round

Andreessen Horowitz, Founders Fund and First Round Capital participated in a $100 million funding round for AltSchool. The round was announced on 5/4/2015.

Transaction Overview

Company Name
Announced On
5/4/2015
Transaction Type
Debt
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors

Andreessen Horowitz (Lead Investor)

Founders Fund (Lead Investor) (Brian Singerman)

First Round Capital

Harrison Metal Capital

private investors (Mark Zuckerberg)

Learn Capital (Rob Hutter)

Omidyar Network

Proceeds Purpose
The company said it would use the funding, in part, to grow enrollment and add schools in San Francisco where they are currently operating 4 schools, and to open new schools in Palo Alto and Brooklyn in time for the 2015-16 school year.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
1245 Folsom St.
San Francisco, CA 94103
USA
Email Address
Overview
AltSchool is creating a decentralized network of micro-schools delivering totally personalized education, enabled by technology. We've rethought how schools should be started, run, and networked together from first principles and developed a model that can scale exponentially to provide better schools nationwide.
Profile
AltSchool LinkedIn Company Profile
Social Media
AltSchool Company Twitter Account
Company News
AltSchool News
Facebook
AltSchool on Facebook
YouTube
AltSchool on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Max Ventilla
  Max Ventilla LinkedIn Profile  Max Ventilla Twitter Account  Max Ventilla News  Max Ventilla on Facebook
Chief Operating Officer
Eve Wachtell
  Eve Wachtell LinkedIn Profile  Eve Wachtell Twitter Account  Eve Wachtell News  Eve Wachtell on Facebook
VP - Bus. Development
Ben Kornell
  Ben Kornell LinkedIn Profile  Ben Kornell Twitter Account  Ben Kornell News  Ben Kornell on Facebook
VP - Bus. Development
Sejal Shah
  Sejal Shah LinkedIn Profile  Sejal Shah Twitter Account  Sejal Shah News  Sejal Shah on Facebook
VP - Engineering
Daniel Quine
  Daniel Quine LinkedIn Profile  Daniel Quine Twitter Account  Daniel Quine News  Daniel Quine on Facebook
VP - Operations
Laura Modi
  Laura Modi LinkedIn Profile  Laura Modi Twitter Account  Laura Modi News  Laura Modi on Facebook


 

 

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Prev: 5/4/2015: Real Matters venture capital transaction
Next: 5/4/2015: Canva venture capital transaction

 

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