What is Per Scholas?
Founded in 1995 and headquartered in the Bronx, New York, Per Scholas operates as a specialized nonprofit organization dedicated to providing tuition-free technology training. The company addresses systemic barriers to employment by equipping individuals with the technical skills required for high-growth careers as IT professionals. Through a rigorous curriculum and strategic industry partnerships, Per Scholas effectively transforms the labor market, ensuring that diverse talent pools are prepared for the evolving demands of the digital economy. Its market position is defined by a unique blend of social impact and professional development, making it a key player in the broader landscape of workforce innovation and economic mobility.
How much funding has Per Scholas raised?
Per Scholas has raised a total of $22M across 2 funding rounds:
Debt
$2M
Other Financing Round
$20M
Debt (2020): $2M with participation from PPP
Other Financing Round (2023): $20M led by MacKenzie Scott
Key Investors in Per Scholas
MacKenzie Scott
A prominent philanthropist focused on high-impact giving to organizations that drive social change and economic equity.
PPP
Public-Private Partnership
What's next for Per Scholas?
With the recent influx of capital, Per Scholas is well-positioned to accelerate its national expansion and enhance its digital training infrastructure. The organization is expected to leverage these resources to deepen its engagement with corporate partners, thereby increasing placement rates for its graduates in competitive technology roles. As the demand for skilled IT labor continues to outpace supply, Per Scholas will likely focus on scaling its proven pedagogical model to reach underserved communities across new geographic regions. This strategic growth phase will be critical in maintaining the organization's trajectory as a leader in inclusive tech education, ensuring that its operational capacity matches the increasing scale of its social mission.
See full Per Scholas company page
