# Ellevation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ellevation

- Industry: Software
- Headquarters: Boston, US
- Website: www.ellevationeducation.com
- Total disclosed funding: $18M
- Latest round: Series B (Dec 22, 2017)
- Investors on record: 6

## About

Ellevation, Inc. specializes in educational technology solutions that support English learners in K-12 schools, enhancing instructional practices and improving student outcomes through data-driven tools.Founded in 2011 in Boston, US, Ellevation, Inc. develops educational products that assist educators in supporting English learners. The company has completed 6 deals, with the most recent funding round occurring on March 25, 2020, where it raised USD 15.2 mn. Jordan Meranus and Teddy Rice are the founders, with Meranus currently serving as CEO.Ellevation Education provides a suite of products designed to support English learners (ELs) in educational settings. The core offerings include the Ellevation Platform and Ellevation Strategies, which empower educators to leverage real-time student data for informed instructional decisions and tailored professional development. These tools facilitate progress monitoring and reporting, enabling educators to drive impactful instruction while ensuring that support systems for ELs are robust and effective. The company serves over 2.5 million EL students across more than 1,700 school districts in over 50 states in the U.S., focusing on enhancing educational equity and improving outcomes for students from diverse linguistic backgrounds. Ellevation's solutions cater primarily to school districts, educational administrators, and EL educators who require advanced tools to manage and support their programs effectively.Ellevation Education operates on a revenue model primarily based on subscriptions for its software solutions. Clients such as school districts enter into agreements to utilize the Ellevation Platform and Ellevation Strategies, which typically encompass a range of services including training, support, and access to ongoing updates. The company's transactions often involve multi-year contracts, reflecting a commitment to long-term partnerships aimed at elevating educational outcomes for English learners. While specific pricing structures for individual products are not disclosed, the services are designed to align with the budgets and needs of educational institutions, ensuring that they remain accessible while delivering significant value in terms of improved student support and educational results.In March 2020, Ellevation, Inc. raised USD 15.2 mn in venture funding, which will be utilized to enhance their product offerings and expand into new markets. The company plans to develop additional features for the Ellevation Platform and introduce new tools aimed at further supporting English learners. Additionally, Ellevation is targeting expansion into more school districts across the U.S. and potentially into international markets by 2023, leveraging their recent funding to support these growth initiatives.

## Funding rounds

- Series B, Dec 22, 2017, $14M — Rethink Capital Partners, Omidyar Network, Reach Capital, Chan Zuckerberg Initiative
- Series A, Jul 24, 2013, $2.4M — Bessemer Venture Partners, NewSchools Venture Fund
- Seed, Feb 2, 2013, $1.5M — NewSchools Venture Fund

## Investors

- NewSchools Venture Fund (https://capitalatlas.ai/funds/newschools-venture-fund) — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series B
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B
- Reach Capital — Series B
- Chan Zuckerberg Initiative (https://capitalatlas.ai/funds/chan-zuckerberg-initiative) — Series B