Strada Education Network
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)
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.