ImpactAlpha, Sept. 8 – The upending of this school year has made almost every student, parent and teacher, willingly or not, participants in the radical transformation of education. Some of the most far-reaching proposals for reinventing elementary, middle and high schools run into a well-founded objection: while all that might be fine for relatively affluent,
The New York-based startup closed its seed round, led by ECMC Foundation, to help educational institutions identify students at risk of dropping out for financial reasons and provide emergency assistance.
- Investissement Québec led the firm’s $7.5 million ($10 million CAD) Series A.
- A group of philanthropic backers including Google.org, former Google Chairman Eric Schmidt’s charitable initiative Schmidt Futures, and the Charles and Lynn Schusterman Family Foundation have given Climb Hire $2 million in grant funding.
- The platform aggregates a borrower’s loans, income and spending information, then makes recommendations on how to pay down debt quickly and automates payments.