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Edovate Capital

North America, Colorado, United States, Denver

Description

Edovate Capital is a Denver-based venture capital firm specializing in early-stage investments within the education technology (EdTech) sector. Established in 2017, the firm primarily targets Seed and Series A stage companies that are leveraging innovative technologies to address critical challenges and opportunities in education. Their investment thesis centers on improving learning outcomes, expanding access to educational resources, and enhancing the operational efficiency of educational institutions. This focused approach allows Edovate Capital to provide not only capital but also sector-specific expertise and strategic guidance to its portfolio companies.

The firm's investment strategy is characterized by its commitment to transformative solutions in education. Edovate Capital seeks out companies that demonstrate strong potential for growth and significant impact, aligning with their mission to foster a more effective and accessible educational landscape. They are particularly interested in technologies that can scale to reach a broad audience, from K-12 and higher education to corporate training and lifelong learning. Their portfolio reflects a diverse range of EdTech innovations, from adaptive learning platforms to administrative efficiency tools.

Edovate Capital typically deploys initial checks ranging from $250,000 to $1,000,000, making them a significant early-stage partner for promising EdTech startups. As of recent data, the firm has made approximately 10 investments, demonstrating a steady commitment to building a focused portfolio within their niche. This targeted investment size and sector focus enable Edovate Capital to be a hands-on investor, working closely with founders to navigate the complexities of the education market and accelerate their growth trajectories. Their deep understanding of the EdTech ecosystem positions them as a valuable resource for entrepreneurs seeking to innovate in this vital sector.

Investor Profile

Edovate Capital has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Norway.
  • Strong thematic focus on Education, EdTech, Software.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (71%)
  • Series A (10%)
  • Series Unknown (10%)
  • Pre Seed (5%)
  • Series B (5%)

Country Focus

  • United States (90%)
  • Canada (5%)
  • Norway (5%)

Industry Focus

  • Education
  • Edtech
  • Software
  • E-learning
  • Information Technology
  • Analytics
  • Enterprise Software
  • Financial Services
  • Fintech
  • Children
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Edovate Capital frequently co-invest with?

Reach Capital
North America, California, United States, San Francisco
Co-Investments: 8
Red House Education
North America, New York, United States, Brooklyn
Co-Investments: 7
City Light Capital
North America, New York, United States, New York
Co-Investments: 2
KV
North America, Florida, United States, Miami
Co-Investments: 1
Charter School Growth Fund
North America, Colorado, United States, Broomfield
Co-Investments: 2
Cito Ventures
North America, Florida, United States, Miami
Co-Investments: 1
Kapor Capital
North America, California, United States, Oakland
Co-Investments: 2
Alpaca VC
North America, New York, United States, New York
Co-Investments: 1
Ulu Ventures
North America, California, United States, Palo Alto
Co-Investments: 2
Gary Community Investments
North America, Colorado, United States, Denver
Co-Investments: 2

Which angels does Edovate Capital often collaborate with?

BH
North America, New York, United States, New York
Shared Deals: 1
WG
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1
CT
North America, Colorado, United States, Boulder
Shared Deals: 1
WW
North America, Massachusetts, United States, Boston
Shared Deals: 1
GF
North America, Colorado, United States, Denver
Shared Deals: 1
NF
North America, Illinois, United States, Chicago
Shared Deals: 1
NH
North America, Washington, United States
Shared Deals: 1
CB
North America, New York, United States, New York
Shared Deals: 1
BM
North America, Georgia, United States, Norcross
Shared Deals: 1
EM
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1

What are some of recent deals done by Edovate Capital?

Clayful

Davie, Florida, United States

Preventative mental health support for the TikTok generation.

ChildrenE-LearningMental HealthMobile AppsWellness
SeedNov 30, 2023
Amount Raised: $7,000,000
Curipod

Bergen, Hordaland, Norway

Curipod is an interactive presentation software for education, meetings, and workshops.

EdTechEducationSoftware
SeedSep 14, 2023
Amount Raised: $4,600,000
MagicSchool AI

Denver, Colorado, United States

MagicSchool is the leading AI platform in education and the fastest growing technology platform for schools ever.

Artificial Intelligence (AI)E-LearningEdTechEducation
Pre SeedAug 28, 2023
Amount Raised: $2,400,000
SmartPass

New York, New York, United States

SmartPass helps K-12 staff coordinate student movement, maximizing instructional time.

EdTechFacilities Support ServicesSoftware
SeedJun 16, 2023
Novel Capital

Overland Park, Kansas, United States

Novel Capital is a fintech growth platform providing non-dilutive financing to B2B companies.

FinanceFinancial ServicesFinTechImpact InvestingVenture Capital
SeedJul 18, 2022
Edlink

Austin, Texas, United States

Edlink provides two-way connections for e-learning and companies and publishers to tackle challenges like single-sign-on (SSO).

Developer APIsEdTechSoftware
SeedMay 13, 2022
Amount Raised: $2,000,000
EveryDay Labs

Redwood City, California, United States

EveryDay Labs unites behavioral science, data science, and family engagement to reduce chronic absenteeism while empowering educators.

EducationFamilyPrimary Education
Series ASep 1, 2021
Amount Raised: $8,000,000
Rhithm

Fort Worth, Texas, United States

Rhithm is a wellness company currently serving K12 students, staff and administrators.

EdTechInformation TechnologySoftware
SeedMay 18, 2021
Amount Raised: $4,000,000
EveryDay Labs

Redwood City, California, United States

EveryDay Labs unites behavioral science, data science, and family engagement to reduce chronic absenteeism while empowering educators.

EducationFamilyPrimary Education
Series UnknownJun 30, 2020
PAPER

Montréal, Quebec, Canada

Paper is an educational support system that provides personalized tutoring accessible to every student.

EdTechEducationTutoring
Series AMar 11, 2020
Amount Raised: $7,500,000