Dealflow | June 9, 2017

Trilogy raises $30 million for bootcamps for adult learners

ImpactAlpha
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ImpactAlpha

Trilogy Education Services has raised $30 million for bootcamps for adult learners.

Trilogy delivers practical skills, such as web development and data analytics, in bootcamps for older students looking to accelerate or change their careers.

Rather than disrupting traditional universities, however, the firm partners with them to develop short on-campus (versus online) courses.

Trilogy targets students that have “responsibilities in life and don’t have the luxury of leaving a full-time job to attend a bootcamp,” says CEO Dan Sommer. Its average student age is 32 and average program cost is $10,000.

Trilogy has built 21 university partnerships since 2015. The Series A round was led by Highland Capital Partners, with backing from Rethink Education and City Light Capital.