EVERFI, a digital learning platform that offers products for all levels of education, has raised $40 million in a round led by Amazon CEO Jeff Bezos's Bezos Expeditions, Alphabet Executive Chairman Eric Schmidt's Tomorrow Ventures and New Enterprise Associates. Advance Publications, Rethink Impact and Silicon Valley Bank also participated. The Washington, DC-based company plans to use the funding to expand its suite of products, especially in to corporate learning and training. The funding comes just after Everfi's acquisition of LawRoom and subsidiary CampusClarity.
Everfi focuses its efforts on "Financial Education, Digital Citizenship, STEM Career Readiness, Diversity and Inclusion, Entrepreneurship, Character Education, and Health and Wellness," according to its press release on the funding. Founded in 2008, Everfi claims to have certified more than 14 million customers in "critical skills that life and work demand," as the company describes its content areas.