What is Degrees?
Degrees is a well-established nonprofit with over 45 years of experience dedicated to providing quality education and career pathways. The organization has a proven track record, having supported more than 80,000 students across 250 colleges and awarding over $115 million in scholarships. Their core mission revolves around unlocking student potential and disrupting generational poverty, evidenced by a graduate rate double the national average. Degrees serves a broad spectrum of individuals, including high school and college students, alumni, and educators, with a strong presence across multiple counties in the Bay Area.
How much funding has Degrees raised?
Degrees has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Degrees?
The recent major strategic investment signals a period of potential expansion and enhanced program development for Degrees. With a history of substantial scholarship awards and a focus on student success, this new capital is likely to be deployed to further scale their impact, potentially reaching more students and expanding their geographic footprint or service offerings. The enterprise-level nature of the funding suggests a strategic alignment with investors who recognize the long-term value and societal impact of Degrees' mission, positioning the organization for sustained growth and continued achievement in breaking down educational barriers.
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