Silicon Valley leaders put $10 million into Learners Guild to boost tech diversity

Silicon Valley leaders have put $10 million into Learners Guild to boost diversity in tech.

Kapor Capital, Obvious Ventures, Learn Capital and Acumen are backing Learners Guild’s low-cost engineering program as a way to bring more women and minorities into the tech sector.

Silicon Valley has been under the diversity microscope amid high-profile allegations of sexual harassment and discrimination (see, “Silicon Valley is deep in diversity debt”).

Learners Guild runs a 10-month, low-cost software engineering curriculum for student who can’t afford college; students need not repay Learners Guild until they get job paying $50,000 or more.

Investors are counting on the unmet demand for over 1.4 million software engineering jobs in the next four years.

This post is from ImpactAlpha’s daily newsletter. Get it first in The Brief.

Photo credit: Learners Guild

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