$25 million in growth capital was secured by Elevate K-12, a Chicago, IL-based firm that offers synchronous LIVE instruction for K–12 classes nationwide.
Investor
- Trinity Capital (NASDAQ: TRIN).
Use of funds
The money will be used by the business to finance expansion plans, scale operations, and enhance working capital.
About Elevate K-12
Elevate K-12 is an instructional services firm that offers LIVE teaching to K–12 schools nationwide. It is led by CEO and Founder Shaily Baranwal. In order to give instruction to their pupils in any classroom, particularly in disciplines that are difficult to staff, schools and districts collaborate with it. Built for K–12 education, its tech-enabled service is run by trained, certified instructors with curricula that are in line with state requirements. The business is growing across the country and providing educational equity.