EverFi raises $10 million from Bezos, Williams, Schmidt, and Rethink...


EverFi raises $10 million from Bezos, Williams, Schmidt, and Rethink Education

Aug 14, 2012

EVERFI: $10 million to EverFi from a rockstar lineup of investors: Jeff Bezos, Evan Williams, Eric Schmidt, and Rethink Education, with existing investors NEA and Michael Chasen of Blackboard participating. The company, which made its name through offering non-traditional digital curricula (financial literacy, digital citizenship, alcohol), will expand to include three or four new subjects. It will also start diving deep into data and analytics concerning unconventional metrics such as hunger, family, substance abuse, and other factors that affect student outcomes. And finally, this healthy chunk of change will allow it to be on the prowl for acquisitions. EverFi runs on a clever unique public/private partnership model (which we have previously covered) and counts more than 3,800 K-12 schools and 300 universities as users.

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