# American Prison Data Systems, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/american-prison-data-systems-pbc

- Industry: Education/Training
- Headquarters: New York, US
- Website: www.apdscorporate.com
- Total disclosed funding: $23M
- Latest round: Series C (May 26, 2022)
- Investors on record: 11

## About

American Prison Data Systems, PBC develops educational technology solutions aimed at supporting justice-impacted individuals through tailored educational programs, enhancing their skills for reintegration into society.Founded in 2014 in New York, US, American Prison Data Systems, PBC focuses on delivering educational solutions for justice-impacted individuals. The firm has successfully closed five deals, with the most recent funding round being Series C on May 26, 2022, raising USD 5.681 mn from notable investors including ETS Strategic Capital and New Markets Venture Partners. The company was started by Arti Finn, and it strategically operates to create educational frameworks within correctional facilities.American Prison Data Systems, PBC offers an innovative educational platform designed to support justice-impacted individuals through tailored educational and skills-based programs. Its core offerings focus on equipping these individuals with essential skills for successful reentry into society, fostering social integration and long-term career sustainability. The platform features a learning management system that delivers industry-aligned career-readiness courses, enhancing access to education and technology for in-custody populations. The company operates across 18 states and Washington D.C., providing services to correctional facilities, workforce development organizations, and justice-impacted learners to reduce recidivism rates and improve educational outcomes.American Prison Data Systems, PBC generates revenue through partnerships with correctional facilities and workforce agencies, providing subscription-based access to its learning management platform and educational tools. The company typically engages in agreements with state and local agencies to implement educational programs for in-custody populations. Its services, including career readiness courses and certification programs, are offered under contractual agreements detailing the terms of service and expected educational outcomes, aligning with the financial capabilities of correctional facilities and the workforce development sector.Following its Series C funding round in May 2022, which raised USD 5.681 mn, American Prison Data Systems, PBC plans to scale its services across correctional facilities nationwide. The funding will be utilized to enhance its proprietary learning platform and expand its educational content offerings and strategic partnerships. The company is also focusing on developing new products aimed at improving educational access and employment readiness for justice-impacted individuals, aiming for broader implementation in additional markets within the next few years.

## Funding rounds

- Series C, May 26, 2022, $5.7M — New Markets Venture Partners, Converge Venture Partners, Rethink Capital Partners, Partnership Fund for New York City, ECMC Group, Strada Education Network, Juvo Ventures, ETS Strategic Capital
- Series B, Jun 25, 2020, $5M — New Markets Venture Partners, Converge Venture Partners, Rethink Capital Partners, ECMC Group, Partnership Fund for New York City, Strada Education Network, Juvo Ventures
- Seed, Feb 9, 2015, $2.6M — Converge Venture Partners, FinTech Collective, Vidinovo, Align Capital
- Series A, Nov 6, 2014, $10M — New Markets Venture Partners, Rethink Capital Partners, Partnership Fund for New York City

## Investors

- New Markets Venture Partners (https://capitalatlas.ai/funds/new-markets-venture-partners) — Series A, Series B, Series C
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A, Series B, Series C
- Partnership Fund for New York City (https://capitalatlas.ai/funds/partnership-fund-for-new-york-city) — Series A, Series B, Series C
- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Seed, Series B, Series C
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed
- Vidinovo — Seed
- Align Capital (https://capitalatlas.ai/funds/align-capital) — Seed
- ECMC Group (https://capitalatlas.ai/funds/ecmc-group) — Series B, Series C
- Strada Education Network (https://capitalatlas.ai/funds/strada-education-network) — Series B, Series C
- Juvo Ventures (https://capitalatlas.ai/funds/juvo-ventures) — Series B, Series C
- ETS Strategic Capital (https://capitalatlas.ai/funds/ets-strategic-capital) — Series C