Elevate K-12

Elevate K-12

About Elevate K-12

Simplify's Rating
Why Elevate K-12 is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Education

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$72.9M

Headquarters

Chicago, Illinois

Founded

2015

Overview

Company Does Not Provide H1B Sponsorship

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Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Secured $25M growth funding to scale operations and support expansion initiatives.
  • Expanded presence in over 500 school districts, including Kansas, Iowa, and California.
  • Launch of Special Education Resource Rooms addresses growing special ed teacher shortages.

What critics are saying

  • Increased competition from other ed-tech companies offering similar solutions.
  • Potential resistance from teachers' unions viewing live teaching as a threat.
  • Dependence on internet connectivity may limit effectiveness in under-resourced areas.

What makes Elevate K-12 unique

  • Elevate K-12 offers synchronous live teaching to address teacher shortages nationwide.
  • The company integrates special education services with general education through resource rooms.
  • Elevate K-12 provides state-aligned curricula and certified teachers for consistent educational quality.

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Funding

Total Funding

$72.9M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Employee Assistance Program

Unlimited Paid Time Off

Paid Holidays

401(k) Retirement Plan

Phone/Internet Stipend

Gym Membership

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 0%
PRWeb
May 28th, 2024
Elevate K-12 Welcomes Melissa Mccabe As Chief Sales Officer

Seasoned Leader in Ed Tech has Joined Forces to Connect More Districts to LIVE Teaching NationwideCHICAGO, May 28, 2024 /PRNewswire-PRWeb/ -- Elevate K-12, the leading provider of high-quality, synchronous LIVE teaching for K-12 classrooms, is thrilled to announce the appointment of Melissa McCabe as its new Chief Sales Officer. This strategic addition to the leadership team marks a significant step in the company's ongoing commitment to enhancing educational equity across the nation.McCabe brings over two decades of expertise in solution selling and sales leadership to Elevate K-12, including roles as the VP of Higher Education with Anthology Inc, Senior VP of Sales with PowerSchool, as well as 17 years at IBM. Her extensive experience encompasses working with client-facing sales teams to solve significant challenges through innovative solutions in the education sector."I have spent my career dedicated to solution selling and ensuring that customers realize substantial value from their investments," McCabe said. "I love working in education technology, but most software solutions can't address the fundamental issue of finding qualified teachers. If you can't bring quality, remarkable, LIVE teaching to students — regardless of where the schools are based — then you have a population of kids that get left out. That is why Elevate K-12 spoke to me."With live-streaming instruction and state-aligned curricula, Elevate K-12 is recognized for its unique ability to connect classrooms with top teaching talent, making it possible for every child to receive remarkable educational experiences despite local teacher shortages.In her new role as Chief Sales Officer, McCabe is focused on aligning the company's innovative resources with the needs of new school districts nationwide

Education Week
May 16th, 2024
K-12 Dealmaking: ETS Acquires Mastery Transcript Consortium; Elevate K-12 Secures $25M From Trinity Capital

K-12 dealmaking: ETS acquires Mastery Transcript Consortium; Elevate K-12 secures $25M from Trinity Capital.

CityBiz
May 16th, 2024
Elevate K-12 Secures $25M Growth Funding

Elevate K-12, a Chicago-based company providing synchronous live teaching for K-12 classrooms in the U.S., raised $25M in growth financing from Trinity Capital (NASDAQ: TRIN). The funds will be used to increase working capital, scale operations, and support growth initiatives. Led by CEO and Founder Shaily Baranwal, the company aims to expand its tech-enabled educational services nationwide.

Finsmes
May 15th, 2024
Elevate K-12 Receives $25M in Growth Funding

Elevate K-12 receives $25M in Growth funding.

PR Newswire
May 15th, 2024
Trinity Capital Invests $25M in Elevate K-12

Trinity Capital Inc. (NASDAQ: TRIN) has committed $25 million in growth capital to Elevate K-12, a Chicago-based company providing high-quality synchronous live teaching for K-12 classrooms in the U.S. This funding will help Elevate increase working capital, scale operations, and fund growth initiatives. Elevate aims to address teacher vacancies with state-certified teachers and has been recognized as one of Forbes' America's Best Startup Employers for 2024.

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