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Strada Education Network

North America, Indiana, United States, Indianapolis

Description

Strada Education Network, headquartered in Indianapolis, is a prominent non-profit organization dedicated to fostering clearer pathways from education to employment. Through its venture arm, Strada Education Network Ventures, the organization strategically invests in innovative solutions that address critical gaps in the postsecondary education and workforce development landscape. Their investment thesis centers on supporting entities, both for-profit and non-profit, that are developing "last-mile" solutions designed to improve student success, career readiness, and equitable access to economic opportunity.

Strada's investment approach is distinct, often structuring deals as Program-Related Investments (PRIs) or direct equity, thereby emphasizing a dual commitment to financial sustainability and measurable social impact. This allows them to support a diverse portfolio of organizations that are not only financially viable but also deeply aligned with their overarching mission to enhance the value of postsecondary education. Their focus extends beyond traditional venture capital, seeking to catalyze systemic change through strategic capital deployment.

The organization has a consistent track record of deploying capital into companies and initiatives that align with their mission. For instance, in 2018, Strada invested $3.5 million in Riipen, a platform focused on work-integrated learning, demonstrating their commitment to practical skill development. More recently, in 2023, they provided $2.5 million to the SkillUp Coalition, an organization dedicated to connecting workers to training and employment, further solidifying their focus on workforce readiness. Based on publicly available data, Strada Education Network Ventures typically provides first checks ranging from $1.5 million to $3.5 million, positioning them as a significant impact investor in the education and workforce technology sectors.

Investor Profile

Strada Education Network has backed more than 47 startups, with 0 new investments in the last 12 months alone. The firm has led 20 rounds, about 43% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Education, Higher Education, Universities.
  • Typical check size: $1.5M – $3.5M.

Stage Focus

  • Grant (43%)
  • Series A (19%)
  • Seed (15%)
  • Series B (6%)
  • Series Unknown (6%)
  • Series E (2%)
  • Pre Seed (2%)
  • Convertible Note (2%)
  • Series C (2%)
  • Undisclosed (2%)

Country Focus

  • United States (96%)
  • Canada (4%)

Industry Focus

  • Education
  • Higher Education
  • Universities
  • Edtech
  • Software
  • Saas
  • Training
  • Corporate Training
  • Enterprise Software
  • Artificial Intelligence (Ai)
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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 Strada Education Network frequently co-invest with?

Reach Capital
North America, California, United States, San Francisco
Co-Investments: 2
AF
North America, Colorado, United States, Denver
Co-Investments: 2
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Rethink Education
North America, New York, United States, White Plains
Co-Investments: 6
New Markets Venture Partners
North America, Maryland, United States, Fulton
Co-Investments: 5
EduLab Capital Partners
North America, Massachusetts, United States, Boston
Co-Investments: 3
SustainVC
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 2
SJF Ventures
North America, North Carolina, United States, Durham
Co-Investments: 2
University Ventures
North America, New York, United States, New York
Co-Investments: 3
Lumina Foundation
North America, Indiana, United States, Indianapolis
Co-Investments: 5

Which angels does Strada Education Network often collaborate with?

CN
North America, Illinois, United States, Chicago
Shared Deals: 1
RD
North America, California, United States, Orange
Shared Deals: 1
EA
North America, Colorado, United States, Denver
Shared Deals: 1
AH
North America, Nevada, United States, Las Vegas
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
SR
North America, California, United States, San Francisco
Shared Deals: 1
CN
North America, Florida, United States, Miami
Shared Deals: 1
SF
North America, Illinois, United States, Chicago
Shared Deals: 1
TD
North America, Massachusetts, United States, Boston
Shared Deals: 1
MC
North America, Texas, United States, Dallas
Shared Deals: 1

What are some of recent deals done by Strada Education Network?

Doowii, Inc

Boulder, Colorado, United States

A predictive, generative-AI data platform that delivers meaningful insights to educators by re-imagining analytics for K-12 education.

Artificial Intelligence (AI)ChildrenEdTechEducation
SeedJun 6, 2024
Amount Raised: $4,100,000
Plum.io

Kitchener, Ontario, Canada

Plum uses objective data to measure and match human potential to job needs, enhancing talent decisions across the employee lifecycle

AnalyticsCareer PlanningEnterprise SoftwareHuman ResourcesRecruitingSaaSSoftware
Convertible NoteFeb 21, 2023
Amount Raised: $5,911,288
University of Utah

Salt Lake City, Utah, United States

As Utah's flagship public institution, the university offers more than 100 undergraduate majors and 92 graduate degree programs.

CommunitiesEducationHigher EducationUniversities
GrantJan 17, 2023
Amount Raised: $1,500,000
Rio Salado College

Tempe, Arizona, United States

Rio Salado College is a school in Tempe.

EducationHigher EducationTraining
GrantJan 17, 2023
Amount Raised: $1,500,000
Arizona State University

Tempe, Arizona, United States

Arizona State University is a public research university offers undergraduate, graduate, and professional programs across various fields.

EducationNon ProfitUniversities
GrantJan 17, 2023
Amount Raised: $1,500,000
The University of Texas System

Austin, Texas, United States

The University of Texas System is to improving the people all over the world through education, research and health care.

EducationHigher EducationUniversities
GrantJan 17, 2023
Amount Raised: $1,500,000
Community College of Rhode Island

Warwick, Rhode Island, United States

Community College of Rhode Island is a school in Warwick.

EdTechEducationHealth CareHigher Education
GrantNov 17, 2022
Amount Raised: $400,000
Orijin, PBC

New York, New York, United States

Orijin utilizes advances in edtech to help make quality education more accessible to incarcerated learners.

EducationInformation TechnologyMobileSaaSSoftware
Series CJul 12, 2022
Amount Raised: $7,000,000
Beem

San Francisco, California, United States

Making life affordable for all using AI

Artificial Intelligence (AI)Auto InsuranceHealth InsuranceInsuranceLife InsuranceMachine LearningPersonal FinancePersonalizationPrimary and Urgent CareSocial Impact
SeedMay 2, 2022
Amount Raised: $7,000,000
City University of New York

New York, New York, United States

City University of New York is a New York-based school offering affordable academic opportunities.

E-LearningEdTechEducationHigher EducationSecondary EducationUniversities
GrantJan 18, 2022
Amount Raised: $250,000