
Rethink Education
Description
Rethink Education is a specialized venture capital firm dedicated exclusively to the education technology (EdTech) and human capital sectors. Based in White Plains, United States, the firm targets early-stage through growth-stage startups that are poised to transform these critical areas. Their investment philosophy goes beyond capital, emphasizing deep engagement with portfolio companies and leveraging extensive relationships within the education ecosystem to facilitate scaling and strategic partnerships.
In July 2022, Rethink Education successfully closed its fourth fund, Rethink Education Fund IV, at a substantial $150 million. This achievement surpassed their initial target of $125 million, underscoring their strong market position and commitment to the EdTech space. This capital pool provides them with significant capacity for impactful investments across various stages of a company's development.
The firm typically deploys initial checks ranging from $3 million to $10 million for Series A and Series B rounds. However, Rethink Education demonstrates flexibility across the funding lifecycle, also engaging in smaller seed-stage investments for promising early ventures and capable of making larger growth-stage commitments as companies mature and scale. This adaptable approach allows them to support companies from their nascent stages through significant expansion.
Their portfolio showcases a focus on impactful and scalable solutions, featuring notable companies such as Handshake, a career network for students; Guild Education, which offers education and upskilling programs for employees; Panorama Education, a K-12 education technology company focused on student surveys and analytics; and Ellevation Education, which provides software for English language learners. These investments reflect Rethink Education's commitment to fostering innovation and driving positive change within the education and workforce development sectors.
Investor Profile
Rethink Education has backed more than 127 startups, with 4 new investments in the last 12 months alone. The firm has led 39 rounds, about 31% of its total and boasts 25 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Peru, France.
- Strong thematic focus on Education, EdTech, Software.
- Typical check size: $1M – $15M.
Stage Focus
- Series A (25%)
- Seed (24%)
- Series B (18%)
- Series Unknown (11%)
- Pre Seed (9%)
- Series C (7%)
- Private Equity (2%)
- Series D (2%)
- Convertible Note (2%)
- Angel (1%)
Country Focus
- United States (89%)
- Peru (3%)
- France (2%)
- Trinidad and Tobago (2%)
- United Kingdom (1%)
- India (1%)
- Australia (1%)
- Saudi Arabia (1%)
- Finland (1%)
- Germany (1%)
Industry Focus
- Education
- Edtech
- Software
- E-learning
- Saas
- Information Technology
- Training
- Internet
- Higher Education
- Health Care
Frequently Asked Questions
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