What is PAIRIN?
PAIRIN operates as a social enterprise, established in 2012 and headquartered in Denver, Colorado. The company provides a suite of insights and tools designed to empower teachers, mentors, students, and employers. Its core objective is to precisely identify and accelerate the development of essential skills, bridging the gap between educational attainment and workforce readiness. Through its innovative approach, PAIRIN addresses critical needs in skill-building and career pathway development, positioning itself as a key player in the edtech and workforce solutions landscape.
How much funding has PAIRIN raised?
PAIRIN has raised a total of $11.6M across 6 funding rounds:
Private Equity
$850K
Debt
$150K
Angel/Seed
$2.1M
Series A
$4.4M
Debt
$2M
Series B
$2.1M
Private Equity (2017): $850K, investors not publicly disclosed
Debt (2020): $150K led by PPP
Angel/Seed (2020): $2.1M supported by New Markets Venture Partners, New U Venture Partners, ZOMA Foundation, Village Capital, Independent Spectrum, LLC, and JFFLabs
Series A (2021): $4.4M featuring JFFLabs, Village Capital, Potencia Ventures, Voqal, New Markets Venture Partners, and Juvo Ventures
Debt (2023): $2M, investors not publicly disclosed
Series B (2023): $2.1M with participation from New Markets Venture Partners, Potencia Ventures, and Juvo Ventures
Key Investors in PAIRIN
New Markets Venture Partners
New Markets Venture Partners is a prominent edtech venture capital firm that invests in innovative education and workforce technology startups. The firm provides funding and strategic support to mission-driven companies that aim to transform learning and enhance economic mobility. With a focus on growth-stage impact investments, New Markets seeks to bridge the gap between education and employment, particularly for underserved populations. Their portfolio companies are designed to improve education and employment outcomes, demonstrating a commitment to creating lasting social impact.
Potencia Ventures
Potencia Ventures is an impact investment fund. It specializes in business models that improve the lives of lower income people. The company was founded in 2002 and is based in Portland, United States.
Juvo Ventures
Juvo Ventures is a double bottom line venture capital firm that focuses on early-stage companies in EdTech, Healthcare Talent Systems, and the Future of Work. The firm aims to empower entrepreneurs by investing in innovative solutions that enhance access, quality, and outcomes in education. Juvo believes in the potential of technology-enabled education solutions to improve learning experiences globally. Their mission encompasses supporting entrepreneurs and optimizing learner outcomes from early childhood through adulthood.
What's next for PAIRIN?
The substantial enterprise-level funding and recent strategic investment indicate that PAIRIN is poised for significant expansion and innovation. This capital infusion is expected to fuel the enhancement of its platform, broaden its market reach, and deepen its impact on skill development for diverse user groups. With a clear focus on essential skills and a robust investor backing, PAIRIN is strategically positioned to scale its operations and further solidify its role in transforming education and employment outcomes, particularly for those seeking to improve their economic mobility.
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