Edovo
Latest round
- Series A
Last raised
- Apr 2018
Total raised
- $12M
Investors
- 7
About Edovo
Edovo Ltd.Founded in 2013 and headquartered in Chicago, US, Edovo Ltd. offers educational services tailored for those in correctional facilities.73 mn.Edovo offers a comprehensive learning platform designed specifically for incarcerated individuals, empowering them with access to educational, vocational, and rehabilitative programs. The core product offerings include mobile applications tailored for incarcerated learners, correctional staff, content creation, and post-release learners. These applications facilitate structured learning experiences, practical training, and targeted therapies aimed at improving physical, mental, and emotional well-being. By providing free access to these resources, Edovo addresses critical issues such as skill deficits and the challenges of successful reentry into society, ultimately striving to lower recidivism rates and enhance community safety.Edovo operates as a nonprofit organization, focusing on providing free educational services to incarcerated individuals without direct charges to the end users. Partnerships with correctional facilities facilitate access to the platform for inmates, which may involve institutional agreements rather than individual transactions. The structure emphasizes philanthropic contributions as a means to sustain the platform, promoting the delivery of rehabilitative education at no cost to those it serves. The company is actively working on new mobile applications to further improve educational access for incarcerated individuals, with anticipated launches in the coming years. Additionally, Edovo aims to expand its services into more states within the US, targeting facilities in regions currently underserved by educational programs for inmates, with plans to establish these new services by the end of 2023.
Who invested in Edovo
7 investors across 2 rounds
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Questions about Edovo
Who invested in Edovo?
Edovo has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Edovo raised?
Edovo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Edovo last raise money?
Edovo's most recent round on record is a Series A, in Apr 2018.
What does Edovo do?
Edovo is a software company.
Where is Edovo headquartered?
Edovo is headquartered in Chicago, US.
Which VCs invest in companies like Edovo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Edovo's stage. Their profiles are linked below.
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