Lumina Foundation

Lumina Foundation is an independent, private foundation committed to increasing the proportion of Americans with degrees, certificates and other high-quality credentials to 60 percent by 2025. Lumina’s outcomes-based approaLumina Foundation is an independent, private foundation committed to increasing the proportion of Americans with degrees, certificates and other high-quality credentials to 60 percent by 2025. Lumina’s outcomes-based approach focuses on helping to design and build an equitable, accessible, responsive and accountable higher education system while fostering a national sense of urgency for action to achieve Goal 2025.ch focuses on helping to design and build an equitable, accessible, responsive and accountable higher education system while fostering a national sense of urgency for action to achieve Goal 2025.

Erin Archer

CFO and Vice President

Zakiya Smith

Strategy Director, Finance and Federal Policy

58 past transactions

Coastal Enterprises

Grant in 2023
Coastal Enterprises provides lending, Investing, business advising, policy advocacy, foreclosure mitigation, homebuyer education, financial capability counseling, state historic tax credit investing, new markets tax Credit Investing, food industry consulting, rural economic development, women-owned businesses, workforce development, and training, fishery, and aquaculture business consulting agriculture business consulting renewable energy project financing.

University of Hawaii

Grant in 2022
The University of Hawai‘i System includes 10 campuses and dozens of educational, training and research centers across the Hawaiian Islands. Established in 1907, it is the state's sole public system of higher education.
Illinois Community College Board home to 48 community colleges which provide high quality, accessible, cost-effective education.

Advance Illinois

Grant in 2022
Advance Illinois is a bipartisan education advocacy organization that works to improve education policy to ensure that all students are prepared for college or a career.
Partnership for College Completion is an organization that both provides support to colleges and universities for campus-based equity change and advances state policy for greater equity in higher education.

Education Reform Now

Grant in 2022
Education Reform Now helps to improve outcomes for students who have been historically prohibited and underserved so that the system accrues benefits for everyone. They provide education policies that empower students and enable them to fulfil their limitless potential.
Campaign for College Opportunity focus on making college more affordable by sharing research findings, through nonpartisan communications.
Minnesota Education Equity Partnership transforms practices, policies, and public narratives to build an education system. They develop leadership services and trainings for educators, districts, schools, organizations, leaders, and faculty. They build equitable educational spaces that uplift the students and advance racial equity and excellence in education.
Center for Racial Equity in Education supports the development of a shared policy agenda among public and private Historically Black Colleges and Universities.
Partners for College Affordability and Public Trust is a nonprofit, nonpartisan organization dedicated to making high-quality, affordable college education a reality for all Americans.
Border Network for Human Rights is an immigration reform and human rights advocacy organization.
Legal Defense Fund is a non profit organization dedicated to racial justice. Through the power of law, narrative, research, and people, they defend and advance black people's dignity and citizenship.

UCLA School of Law

Grant in 2022
Founded in 1949, UCLA School of Law has garnered a reputation for artful teaching, influential scholarship and enduring innovation. As the first public law school in Southern California and the youngest top-ranked law school in the United States, UCLA Law has consistently pushed new boundaries in the study and practice of law. Beginning in the 1970s, our clinics were among the first to teach students systematically about the link between doctrinal mastery and practical skills. We remain committed to this integration of theory and practice with an extraordinary array of simulated transaction courses and live-client clinics that cover everything from mergers and acquisitions to workers’ rights and environmental law. In the 1990s, UCLA Law created an Empirical Research Group (ERG) so that faculty could incorporate sophisticated data techniques into their research. During this time, the law school also established think tanks where policy and legal issues could be discussed free of partisan influence and ideological biases. These institutes have consistently promoted the highest standards of intellectual discourse. Through research and published articles, our centers offer invaluable information for legislators, the judiciary and the public while providing critical training for UCLA Law students and the legal community. Over the decades, UCLA Law has developed a depth and breadth of academic offerings unsurpassed by any other law school in the nation. Our Epstein Program in Public Interest Law and Policy is among the best anywhere. We are one of four among the top 20 law schools with a specialization in Business Law and Policy – and the only one to offer a specialization in Critical Race Studies. UCLA Law’s faculty also has emerged as one of the most influential nationwide. Our professors are leading scholars in areas including bankruptcy, corporate law, constitutional law, critical race theory, entertainment law, environmental law, intellectual property and tax law. Today, the UCLA Law alumni community is more than 15,000 strong and extends around the world. Alumni live and practice in virtually every state, the District of Columbia, multiple U.S. territories and more than 50 foreign nations. These graduates excel in their chosen fields, from private practice to business to government to public interest and beyond. We have a long tradition of distinction on the bench, with more than 320 alumni who are serving, or have served, on courts throughout the country. Six UCLA Law alumni are now judges on the U.S. Court of Appeals for the Ninth Circuit – the largest number of graduates from any one law school who are serving on the court. We take pride in these achievements and recognize that the strength of UCLA Law is a direct result of the superlative work of our faculty and staff, the talents of our diverse and academically gifted student body, and the accomplishments and unstinting generosity of our alumni. By building on past successes, UCLA Law continues to propel the school, students, faculty and alumni into a future of unparalleled distinction.
National Legal Aid & Defender Association leads a broad network of advocates on the frontlines to advance justice and expand opportunity for all by promoting excellence in the delivery of legal services for people who cannot afford counsel.
Student Clinic for Immigrant Justice provides representation for all asylum seekers by training college students to become immigration advocates, and to fight for a socially just immigration system and community transformation.

Jeremiah Program

Grant in 2022
Jeremiah Program disrupts the cycle of poverty for single mothers and their children, two generations at a time.
Ohio State University College of Education and Human Ecology helps education and human development locally, nationally and globally.
ACLU of Indiana Foundation is a tax-exempt, non-profit charity that provides legal assistance and conducts educational programs and activities.
Boston University Center for Antiracist Research convene researchers and practitioners from various disciplines to figure out novel and practical ways to understand, explain, and solve seemingly intractable problems of racial inequity and injustice.
Association of American Colleges & Universities is a membership organization that focuses on advancing higher education's democratic aims through equity, innovation, and excellence in liberal education. The organization acts as a catalyst and facilitator for educational innovations that increase educational quality and equity and promote the achievement of all students.
Indiana University-Purdue University School of Education supports the Education for Liberation program.
The Highlander Research and Education Center is a research and education center. They build equitable and sustainable systems and structures. It offers shifts in systems and structures that all too often have incubated oppression and exploitation in home communities.
Lawyers for Good Government mobilize the legal profession in support of people who have been harmed by systemic racism, using means such as policy resource and analysis.
The Southern Poverty Law Center is a non-profit legal advocacy organization specialized in civil rights and public interest litigation. SPLC supports a wide variety of liberal positions; its pro-immigration advocates multiculturalism and the homosexual agenda, supports muslims and racial preferences and defendants' rights, and advocates against what it considers ""hate groups"". The Southern Poverty Law Center was founded by trial lawyers Morris Dees and Joe Levin.
Philadelphia Student Union supports the student union's Equity Research Cooperative, which plans to develop and launch a College Students of Color Experience Survey.

Common Application

Grant in 2022
The Common Application membership association was established in 1975 by 15 private colleges that wished to provide a common, standardized first-year application form for use at any member institution. With the administrative support of the National Association of Secondary School Principals (NASSP), the organization grew steadily throughout its first 30 years. Today, The Common Application serves over 1 million students and school officials annually through their free online First-Year and Transfer applications. Their membership of over 500 public and private colleges and universities represents the full diversity of four-year higher education in the US and, increasingly, overseas.

Capital B

Grant in 2022
Capital B is a nonprofit local and national news organization reporting for Black communities.
John Jay College Institute for Justice and Opportunity opens doors and eliminates barriers to success for people who have been involved in the criminal legal system.
Seventh Generation Fund for Indigenous Peoples advocates for the right of self-determination and the sovereignty of Native lands, will support programs that respond to, prevent, and remedy violence against Native women and girls.
Mid-States Minority Supplier Development Council is a 501(c) 3 non-profit organization. Mid-States Minority Supplier Development Council network is the nation’s most dynamic force in developing successful relationships between America’s top corporations and supply-chain providers from the Asian, Black, Hispanic and Native American communities.
Indigenous Futures Institute is a community-driven and interdisciplinary project-based in Kumeyaay Territory at the University of California, San Diego.
Goodwill Foundation of Central & Southern Indiana identifies gaps, evaluates opportunities and risks, and creates solutions.

Mentor Collective

Series A in 2022
Mentor Collective is the leading provider of mentoring programs. We partner with universities to design, manage, and assess programs that give all students access to a relevant near-peer mentor, increasing the graduation rate. Our network of 120+ partner schools includes Princeton, UC Davis, Washington University in St. Louis, and Penn State University. We're proud to be backed by mission-driven investors including Lumina Foundation. We're hiring! See open roles here: https://angel.co/mentorcollective/jobs Learn more on our website: https://www.mentorcollective.org/join-the-team and sign up for our community newsletter here: https://www.mentorcollective.org/newsletter-sign-up Recent recognition: Two-time Inc 5000 lister 2019 - Linchpin top high impact job for remote team members 2019 - Forbes 30 under 30, Education Category 2019 - BostInno's Coolest Companies Finalist 2018 - BostInno's 50 on Fire 2018 - Golden Bridge Awards - Startup of the Year Founded in 2015 2015 - Techstars Boston
Foundation for California Community Colleges is built to benefit, support, and enhance the missions of the California Community College system through support from a wide range of partner organizations and individual donations.

Upswing

Series A in 2021
Upswing provides colleges and universities with an integrated student services platform to increase student retention. Colleges are able to integrate their various student support operations in a virtual environment to allow students to easily find and meet with staff in support functions like advising, counseling, student success coaching, and tutoring. Additionally, Upswing's virtual assistant connects students via SMS to college reminders and information. By streamlining student services, college administrators are able to manage support staff in a single location, oversee communication with students, and access streamlined reporting and insights.

Acadeum

Venture Round in 2021
Acadeum is a developer of the Academic Sharing Platform. Acadeum is previously known as College Consortium. It offers a software platform that allows universities to share online courses. Acadeum supports the formation of course-sharing consortia for institutions of higher education, including the Council of Independent Colleges, the Council for Christian Colleges & Universities, and Digitex. It was founded in 2016 and is headquartered in Austin, Texas.

Noodle

Series B in 2020
Noodle creates innovative online and hybrid programs while improving traditional classroom models. Noodle Partners has the capability to work with universities on every aspect of building a certificate or degree program that they choose—marketing, student recruitment, enrollment, curriculum design, student engagement, support services, graduate placement, and alumni engagement—and provides a high level of fit and finish.

Noodle

Series B in 2020
Noodle is a U.S.-based organization that helps students make decisions about education. Through unbiased data and real-world advice, Noodle connects students with schools, programs, resources, experts, and more. Noodle Education was founded in 2010 by John Katzman, the founder of The Princeton Review and 2U.

Acadeum

Series A in 2020
Acadeum is a developer of the Academic Sharing Platform. Acadeum is previously known as College Consortium. It offers a software platform that allows universities to share online courses. Acadeum supports the formation of course-sharing consortia for institutions of higher education, including the Council of Independent Colleges, the Council for Christian Colleges & Universities, and Digitex. It was founded in 2016 and is headquartered in Austin, Texas.

Edunav

Venture Round in 2019
Edunav helps improve student retention and on-time degree completion while minimizing wasted credit hours and optimizing the course catalog, all in a simple, modern interface. Led by isaac segal, the edunav team is regularly incepting new higher education market segments. The same team founded the lecture capture market with tegrity. Tegrity was the first lecture capture company and winner of the codie award for 'best postsecondary enterprise solution'. Post-acquisition, this team created mcgraw-hill campus, a service that bridges mcgraw-hill and the institution allowing instructors and students to easily access MHdigital content and services.That’s why our webshop is available for you around the clock.

Mentor Collective

Venture Round in 2019
Mentor Collective is the leading provider of mentoring programs. We partner with universities to design, manage, and assess programs that give all students access to a relevant near-peer mentor, increasing the graduation rate. Our network of 120+ partner schools includes Princeton, UC Davis, Washington University in St. Louis, and Penn State University. We're proud to be backed by mission-driven investors including Lumina Foundation. We're hiring! See open roles here: https://angel.co/mentorcollective/jobs Learn more on our website: https://www.mentorcollective.org/join-the-team and sign up for our community newsletter here: https://www.mentorcollective.org/newsletter-sign-up Recent recognition: Two-time Inc 5000 lister 2019 - Linchpin top high impact job for remote team members 2019 - Forbes 30 under 30, Education Category 2019 - BostInno's Coolest Companies Finalist 2018 - BostInno's 50 on Fire 2018 - Golden Bridge Awards - Startup of the Year Founded in 2015 2015 - Techstars Boston

Bitwise Industries

Series A in 2019
Bitwise Industries moves Fresno’s technology ecosystem forward by focusing on the key areas of education, execution, and place. Education is delivered via Geekwise Academy, an accelerated training program providing real-world technology skills to all ages. Bitwise Industries provides execution by way of its full-service, custom software development firm, Shift3 Technologies. Bitwise Industries also offers paid apprenticeships to students to help them learn tech skills, connect them to meaningful tech opportunities, and build vibrant buildings in underserved cities to house their work.

Upswing

Venture Round in 2019
Upswing provides colleges and universities with an integrated student services platform to increase student retention. Colleges are able to integrate their various student support operations in a virtual environment to allow students to easily find and meet with staff in support functions like advising, counseling, student success coaching, and tutoring. Additionally, Upswing's virtual assistant connects students via SMS to college reminders and information. By streamlining student services, college administrators are able to manage support staff in a single location, oversee communication with students, and access streamlined reporting and insights.

Credly

Series A in 2019
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable, digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce.

Civitas Learning

Private Equity Round in 2019
Civitas Learning’s student success intelligence platform leverages each institution’s unique data to help them chart the best course to improved outcomes for students. The platform is grounded in unparalleled work in data science, built into workflows with integrated applications, and implemented on-site with seasoned strategic service teams. Today, Civitas Learning works with 375 colleges and universities, serving nearly 8 million students. Together with their growing community of customers, Civitas Learning is making the most of the world’s learning data to help graduate a million more students per year by 2025.

Beam

Seed Round in 2019
Beam simplifies complex government program journeys with configurable, intelligent end-to-end workflows. Beam's platform helps government administer programs end-to-end, including application, eligibility determination, case management, payment, and reporting -- from simple programs like emergency relief to the most complex like housing voucher programs.

Cell-Ed

Seed Round in 2018
Cell-Ed offers employers and education providers a complete mobile messaging solution to reach, teach, coach, and upskill today's workforce. Cell-Ed was founded in 2014 and headquartered in Palo Alto, California.
Offering the best of both worlds, Salt Lake Community College in Salt Lake City, Utah is the largest school in the state, but still manages to provide students the personal attention of a smaller school. Academics span a broad range of disciplines and subjects, including Art History, Aviation Maintenance, Brick Masonry, Chinese, Computer Technology, Cosmetology, Film, International Studies, Medical Coding and Pyro-Technology, among many others. Student life is also varied. At its Grand Theatre, SLCC features performances of popular and classic plays with local professional actors. There is also a film festival, a lecture series, a student-run radio station and newspaper, and a number of student clubs and organizations. Student services also provide the full range of academic, career planning and personal resources. However, while Salt Lake’s campus may abound with options, students are given the same amount of individual attention found at a small, private school. With a low faculty to student ratiom classes are kept small and professors numerous and accessible enough to meet privately with students as well. While many students use their Salt Lake degree to forge a new career, a large number also transfer to such schools as Brigham Young University. Since tuition at Salt Lake is significantly lower than that of a university, attending Salt Lake for the first two years of their bachelor’s lowers student’s expenses by a lot. Financial aid and payment plans are also available to those who qualify. Students interested in admissions may apply online. Once admitted, all students must also take a placement test.

New Markets Venture Partners

Funding Round in 2018
New Markets Venture Partners is a leading, early and growth-stage, double bottom-line investor based in the Washington, D.C. Metro Area. New Markets makes direct investments in transformative education and workforce technology companies, which leads to superior financial returns and positive social impact. Each of our partners has many decades of investment and education experience. We maintain proprietary relationships with states, districts, universities and other centers of innovation that allow us to provide exceptional value to our portfolio companies. We help our companies succeed by adding value before, during, and after the investment process.

Edovo

Series A in 2018
Edovo utilizes secure tablet technology to deliver free access to educational programming and low-cost communication services. Edovo operates as an all-in-one communication and education consultancy, providing key services and creating custom solutions for jails and prisons nationwide. Since launching in 2014, Edovo has been building technology solutions to provide fair and honest communication services, educational and vocational programming, and re-entry preparation for justice-involved people and their loved ones.

Brighthive

Grant in 2018
Brighthive is a non-profit organization. The company's objective is to responsibly and meaningfully connect the world's data, enabling informed action through cooperation.

Upswing

Venture Round in 2017
Upswing provides colleges and universities with an integrated student services platform to increase student retention. Colleges are able to integrate their various student support operations in a virtual environment to allow students to easily find and meet with staff in support functions like advising, counseling, student success coaching, and tutoring. Additionally, Upswing's virtual assistant connects students via SMS to college reminders and information. By streamlining student services, college administrators are able to manage support staff in a single location, oversee communication with students, and access streamlined reporting and insights.

Credly

Seed Round in 2017
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable, digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce.

CareAcademy

Seed Round in 2017
CareAcademy creates online training that empowers senior care professionals to deliver the highest caliber of service and improve the lives of older adults. More than 250,000 direct care workers are learning and growing professionally through CareAcademy. Coupled with its advanced reporting, training, and compliance management dashboard, CareAcademy is an end-to-end, scalable training solution that transforms home care businesses into efficient industry leaders.

Viridis Learning

Grant in 2017
Viridis, a human capital technology SaaS solution, that matches skill deficiencies with local employer needs of middle skill labor.

Viridis Learning

Series A in 2016
Viridis, a human capital technology SaaS solution, that matches skill deficiencies with local employer needs of middle skill labor.

BridgeEdU

Venture Round in 2016
Welcome to BridgeEdU, an innovative educational experience that is The First Year of College Reinvented. This is not an alternative to college or a traditional ‘gap year’: BridgeEdU is a personalized, affordable year or semester that will be a new on-ramp to your success in higher education and beyond.

Credly

Seed Round in 2016
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable, digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce.
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