What is Per Scholas?
Founded in 1995 and headquartered in Bronx, New York, Per Scholas is a nonprofit organization dedicated to providing tuition-free technology training. Its mission focuses on equipping unemployed or underemployed adults with the skills necessary for careers as IT professionals, thereby addressing critical workforce gaps in the technology industry. The organization's commitment to accessible education has positioned it as a key player in social impact 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
MacKenzie Scott is a prominent philanthropist known for her significant, often unrestricted, financial contributions to a wide range of nonprofit organizations, focusing on social impact and equity.
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round.
What's next for Per Scholas?
With substantial enterprise-level funding and a recent strategic investment, Per Scholas is poised for significant expansion and enhanced program delivery. This capital infusion is expected to fuel the scaling of its training initiatives, enabling the organization to reach a broader demographic and deepen its impact. Future growth will likely involve expanding course offerings, forging new industry partnerships, and potentially increasing its geographic footprint to meet the growing demand for skilled tech talent.
See full Per Scholas company page
