How Much Did Ellevation Raise?
Funding & Key Investors

Ellevation, a software company dedicated to supporting English Language Learners (ELLs) and their educators, has secured significant enterprise-level funding, with its total capital raised standing at $26.2M. The company recently announced a major strategic investment of $13.9M, underscoring its continued growth and market leadership in the K-12 education technology sector. This latest financing round is expected to fuel further development and expansion of its comprehensive ELL program management tools.

What is Ellevation?

Ellevation
SoftwareHealthcare Software

Founded in 2011, Ellevation provides essential software solutions to over 1,000 school districts across the United States. Its platform is designed to streamline the complex management of English Language Learner programs, enhance instructional practices for educators, and ultimately improve academic outcomes for multilingual learners. By fostering a district-wide culture of accountability, Ellevation empowers stakeholders to meet regulatory requirements and deliver superior academic support, positioning itself as a leader in educational technology for ELL students.

How much funding has Ellevation raised?

Ellevation has raised a total of $26.2M across 5 funding rounds:

2013

Unspecified

$1.5M

Series A

$2.4M

2014

Unspecified

$2M

2016

Unspecified

$6.4M

2017

Series B

$13.9M

Unspecified (2013): $1.5M with participation from NewSchools Venture Fund

Series A (2013): $2.4M led by NewSchools Venture Fund, Rethink Capital Partners, Chris Gabrieli, and Eileen Rudden

Unspecified (2014): $2M, investors not publicly disclosed

Unspecified (2016): $6.4M featuring Omidyar Network

Series B (2017): $13.9M backed by Emerson Collective, The Chan Zuckerberg Initiative, Reach Capital, and Omidyar Network

Key Investors in Ellevation

NewSchools Venture Fund

NewSchools Venture Fund is a venture philanthropy organization dedicated to improving the education system through investment in early-stage education innovators. They focus on addressing educational inequities and enhancing student learning with a significant allocation of capital.

Rethink Capital Partners

Rethink Education, part of Rethink Capital Partners, invests in early and growth-stage companies developing technological solutions for 21st-century learning, with a focus on scalable and efficient business models that improve learning outcomes.

Emerson Collective

Emerson Collective invests in entrepreneurs and innovators focused on creating a world that expands opportunity and ensures human flourishing, addressing complex challenges in education and other critical sectors.

What's next for Ellevation?

The substantial enterprise-level backing Ellevation has garnered, particularly the recent strategic investment, signals a strong trajectory for scaling its operations and deepening its impact within the education sector. This capital infusion is likely to support product innovation, further market penetration, and potentially strategic partnerships. As Ellevation continues to address the critical needs of English Language Learners, its sustained growth suggests a focus on enhancing its data analytics capabilities and expanding its suite of tools to support a more inclusive and effective educational environment for all students.

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Frequently Asked Questions Regarding Ellevation Financial Insights

What are the most recent funding rounds that Ellevation has completed, and what were the funding rounds?
Ellevation has recently completed 3 funding rounds: Series B on Dec 21, 2017, Unspecified on Feb 16, 2016, Unspecified on Jul 8, 2014.
What is the total amount of funding Ellevation has raised to date?
Ellevation has raised a total of $26.2M in funding to date.
How many funding rounds has Ellevation completed?
Ellevation has completed 3 funding rounds.
How much funding did Ellevation raise in its most recent funding round?
Ellevation raised $13.9M in its most recent funding round.
Who are the lead investors in Ellevation's latest funding round?
The lead investor in Ellevation's latest funding round was Emerson Collective. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ellevation's history?
The largest funding round in Ellevation's history was $13.9M.
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