Upswing Raises $2 Million to Improve Dropout Prevention Services

Financing

Upswing Raises $2 Million to Improve Dropout Prevention Services

May 20, 2019

UP AND AT 'EM: Upswing, an Austin, Texas-based provider of support services to prevent drop out among online and non-traditional students, has raised $2 million in a fundraising round from Impact America Fund, Rethink Education, Lumina Foundation and Strada.

Founded in 2013, Upswing focuses on diverse populations, especially in rural areas, according to a statement Monday. The company has raised at least $5 million to date. In February 2016, Upswing bought the AskOnline video platform for students and tutors. The company claims to have partnered with 75 colleges and universities in the US, supporting 700,000 students.

Impact America Fund has previously invested in Schoolzilla. Strada has invested in Jefferson Education Exchange, Credly and RaiseMe.

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