Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Google venture arm GV backs Lambda School’s $14 million round



ImpactAlpha, October 10 – Eight months after raising a $4 million seed round, Lambda School has secured $14 million for its Series A.

The school made a name for itself with a $20,000 curriculum that teaches coding and software engineering education to students of all backgrounds, and requires them to pay nothing upfront. Instead, graduates can repay their tuition through an income-sharing agreement once they secure a job paying more than $50,000.

Since Lambda launched last April, 75 of its students have been hired earning an average salary of $47,000. It currently has 700 students enrolled. It is building out both its curriculum and hiring network. Y Combinator and Tandem Capital have previously backed the company.

Other skills-based education programs are trying to help students skirt traditional and often hefty student loans through new financing models. Holberton School, also based in San Francisco, raised $8.2 million in April for its “pay it forward” tuition model.

 

 

You might also like...