Quad Learning Raises $11 Million of Seed Funding
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Washington, D.C. – Quad Learning, a program created to provide more affordable pathways for students to earn their Bachelor’s degree has raised $11 million of seed funding from New Atlantic Ventures, New Enterprise Associates, Comcast Ventures, Swan and Legend Fund and other VC firms.
“Over the past five to 10 years, there has been a flood of high-achieving, traditional college age students to community colleges,” said CEO Phil Bronner in a Q&A. “These students have been priced out of four-year college and turn to community college as the affordable alternative. Quad Learning helps community colleges build and scale honors programs through a mix of financing and dedicated capabilities. It enters the market as the demand for affordable honors education continues to grow and outstrip supply.”
The new funding will be used to expand in more Colleges and Universities in the U.S.
Funding Total: $11,000,000
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|Investors: New Atlantic Ventures, New Enterprise Associates (NEA), Comcast Interactive Capital|