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§ Venture Capital · Atherton, CA, USA
Non-profit endowment providing education scholarships and grants for students, supporting higher education & college financial aid.
Follett Knowledge Fund operates as a venture capital arm of Follett Corporation, dedicated to investing in early-stage companies that develop innovative education technology solutions. The fund targets businesses creating new products and services designed to enhance teaching and learning environments. Its investment strategy focuses on identifying promising technologies that align with the evolving landscape of educational content and delivery.
The Knowledge Fund was launched in 2013 by Follett Corporation, a long-standing provider of educational services and products. The initiative stemmed from the recognition that technological advancements were rapidly reshaping the education sector. Follett established the fund to strategically partner with and nurture emerging ventures capable of driving significant change and bringing fresh perspectives to the challenges within education.
The fund's portfolio primarily comprises companies developing tools that aim to improve access to educational materials and foster more engaging learning experiences. Its vision extends to supporting entrepreneurs whose work promises to make education more efficient, personalized, and impactful for students and educators across various academic levels. Follett Knowledge Fund seeks to contribute to the future of learning through strategic investment.
Follett Knowledge Fund has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series B in ThinkCERCA in September 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2017 | ThinkCERCA | $10.0M Series B | Signe Ostby | Advancit Capital, Alpaca VC, Great Oaks Venture Capital, GSV Acceleration, Lead Edge Capital, Next Play Ventures, Plum Alley Investments, Rethink Capital Partners, S2G Ventures, Winklevoss Capital, TOM Williams, Chuck Templeton, Deborah Quazzo, Esther Wojcicki, Jeff Weiner, Michael Gamson, SAM Yagan, Scott Cook, TAL Education Group |