Dealflow | January 27, 2017

CapitalG hits an impact trifecta: Women entrepreneurs boosting math education in India

ImpactAlpha
The team at

ImpactAlpha

The venture capital arm of Alphabet (formerly Google) liked Cuemath’s micro-franchise model that helps women jumpstart or reboot careers with afterschool math classes in their homes. The Bangalore-based education startup raised $15 million in Series B financing to expand to 5,000 tutors and 40,000 students. Less than $250,000 in early-stage funding from Unitus Seed Fund in 2014 led to a $4 million raise last year that included Silicon Valley VC firm Sequoia Capital’s India arm — an example of how impact seed capital builds the deal pipeline for institutional investors.

Photo credit: Cuemath