10XImpact is a New York-based venture capital firm established in 2019, dedicated to supporting entrepreneurs who are addressing significant social challenges. The firm focuses its investments primarily in the education sector, the future of work, and commercial services, aiming to empower businesses that have the potential to create positive social change. By backing innovative companies, 10XImpact seeks to foster solutions that can improve society and drive sustainable development.
Ribbon Education, founded in 2021 in Brooklyn, New York by Joe Burgess and Lisa Jiang, is a developer of a teacher-student relationship management platform aimed at enhancing the educational experience. The platform focuses on helping teachers better understand their students and improve student outcomes while reducing administrative burdens. By scaling support for online programs, Ribbon Education enables educational institutions to make online learning more affordable and effective for adult learners. The company's mission is to improve the quality of education for all students and enhance teachers' professional lives, ultimately fostering better retention and engagement in educational settings.
Verto Education
Seed Round in 2019
Verto Education, Inc. is a higher education institution founded in 2017 and based in Portland, Oregon. It specializes in providing innovative semester travel programs that enable students to earn college credits while studying abroad. The company offers programs in various regions, including Central America, the South Pacific, and Southeast Asia, covering subjects such as environmental science, public health, business, and finance. In addition to its international offerings, Verto provides on-campus programs in countries like Ireland, England, and New Zealand. By partnering with colleges, Verto Education ensures that students receive accredited first-year education, allowing them to achieve their degree goals while also exploring their purpose and direction through experiential learning and travel.
Mentor Collective
Venture Round in 2019
Mentor Collective is a Boston-based company that specializes in providing a platform for universities to implement and manage mentoring programs. Founded in 2013, the company partners with over 120 educational institutions, including prominent names like Princeton and UC Davis, to facilitate access to near-peer mentors for students. The services offered by Mentor Collective encompass program design, mentorship operations, software solutions, and analytics, all aimed at enhancing student engagement and improving graduation rates. The company's focus on mentorship not only helps students navigate their academic journeys but also fosters connections with young alumni. Through its comprehensive support, Mentor Collective strives to create a meaningful impact on the educational experience, ultimately contributing to higher retention rates among students.
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