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10X Impact is an investment and advisory firm that provides capital to early-stage companies operating within the education technology and future of work sectors. The firm primarily targets startups from the pre-seed through Series A stages, focusing on enterprises that develop solutions for learning and workforce development. In addition to venture capital funding, the organization functions as an advisory partner to its portfolio companies, offering strategic coaching to founders building platforms for the modern economy. The firm leverages the operational background of its leadership, who previously built Trilogy Education into an enterprise with 2,500 employees and over $150 million in sales before its acquisition by 2U, Inc. The firm's leadership also brings executive experience from major corporate entities, including Zeta Global and Study Interactive. 10X Impact was founded by Managing Partner Dan Sommer.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2019 | Verto Education | $6.0M Seed | — | BoxGroup, Founder Collective, Initialized Capital, Inspired Capital, Slow Ventures, The General Partnership, Adrian Aoun, Halle Tecco, Heather Fernandez, First Round Capital, GSV Ventures |
| Sep 6, 2019 | Mentor Collective | $3.0M Seed | Lumina Foundation | EduLab Capital Partners, Emerge, IU Ventures, Strada Education Network |