Tech Company Financing Transactions
SEO Funding Round
PREA Foundation participated in a $10.8 million funding round for SEO. The round was announced on 3/30/2023.
Transaction Overview
Company Name
Announced On
3/30/2023
Transaction Type
Venture Equity
Amount
$10,800,000
Round
Undisclosed
Investors
PREA Foundation (Lead Investor)
Proceeds Purpose
The grant will allow SEO Career to expose 2,600 students to education events on-campus with partner schools and real estate-themed training boot camps for freshmen and sophomores in multiple cities, including Chicago, New York, Washington, D.C., Boston, Atlanta, Los Angeles, and Philadelphia. Through its newest initiative SEO Hire, the grant also strengthens the organization's ability to expand its efforts of closing the gap of full-time employment opportunities by providing 300 full-time jobs.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
55 Exchange Place, Floor 6
New York, NY 10005
USA
New York, NY 10005
USA
Phone
Website
Email Address
Overview
SEO (Sponsors for Educational Opportunity) was founded by investment banking consultant, Michael Osheowitz, as a mentoring program to help underserved students gain admission to competitive colleges and universities. He recruited executives at top firms in law, finance, and advertising to work one-on-one with his "Scholars" to help get them into colleges such as Harvard, Dartmouth, Williams, Smith, Mt. Holyoke, Columbia, and Brown as well as SUNY and CUNY schools.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Henry Kravis
Founder
Michael Osheowitz
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