What is Springboard Collaborative?
Springboard Collaborative is dedicated to closing the literacy gap by bridging the divide between home and school environments. The organization coaches educators and family members to empower children to achieve reading proficiency by the fourth grade. With a vision for a world where all children possess the literacy skills necessary for life opportunities, Springboard's programs offer 5-10-week interventions. These interventions combine personalized instruction for pre-K through third-graders, workshops to train parents in teaching reading at home, and professional development for teachers, all aimed at achieving critical learning goals.
How much funding has Springboard Collaborative raised?
Springboard Collaborative has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in Springboard Collaborative
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor has participated in this funding round, contributing to the company's growth capital.
What's next for Springboard Collaborative?
The substantial enterprise-level funding and recent strategic investment indicate that Springboard Collaborative is poised for significant scaling and impact. This capital infusion will likely fuel the expansion of its proven intervention models, enabling the organization to reach a broader network of schools and families. Future initiatives may focus on enhancing its digital platforms for remote learning, deepening its professional development offerings for educators, and forging new strategic partnerships to further its mission of ensuring universal literacy.
See full Springboard Collaborative company page
