NewSchools Venture Fund

Founded in 1998, NewSchools Venture Fund is a not-for-profit organization dedicated to transforming public education. It invests in innovative educational solutions and supports entrepreneurs focused on improving outcomes for disadvantaged students, particularly those from low-income and minority backgrounds. The fund blends philanthropy and venture capital approaches, investing in both nonprofit and for-profit organizations across various stages of development.

Liz Arney

Partner

Scott Benson

Partner

Tonika Clayton

Managing Partner

Deborah M. McGriff

Managing Partner

Amy Omand

Director of Finance and CFO

Past deals in District of Columbia

AppleTree Institute for Education Innovation

Grant in 2017
AppleTree Institute for Education Innovation is an educational institution based in Washington, D.C., founded in 1996. It operates seven public charter preschool campuses that serve as models for effective teaching and learning. The institute emphasizes instructional quality, a standards-based curriculum, quality classroom environments, and a commitment to data-driven decision-making. In addition to its preschool operations, AppleTree includes a research and development component aimed at enhancing educational practices. Through its innovative approach, AppleTree seeks to improve early childhood education and foster positive outcomes for children.

LearnZillion

Series A in 2013
LearnZillion, Inc. is an educational technology company based in Washington, District of Columbia, founded in 2011. It specializes in providing open and cloud-based curricula to schools, primarily focusing on mathematics and English. The company's platform offers a range of instructional materials, including video lessons and practice problems, which support teachers in delivering effective instruction and tracking student performance. LearnZillion's solutions are designed to cater to the specific needs of students, promoting interactive learning through task-implementation guides. Additionally, the company's services are accessible via a mobile application, enhancing the teaching and learning experience. As of January 2020, LearnZillion operates as a subsidiary of Weld North Education, LLC.

LearnZillion

Seed Round in 2012
LearnZillion, Inc. is an educational technology company based in Washington, District of Columbia, founded in 2011. It specializes in providing open and cloud-based curricula to schools, primarily focusing on mathematics and English. The company's platform offers a range of instructional materials, including video lessons and practice problems, which support teachers in delivering effective instruction and tracking student performance. LearnZillion's solutions are designed to cater to the specific needs of students, promoting interactive learning through task-implementation guides. Additionally, the company's services are accessible via a mobile application, enhancing the teaching and learning experience. As of January 2020, LearnZillion operates as a subsidiary of Weld North Education, LLC.

Grockit

Series D in 2011
Grockit is a pioneering online social learning company. Grockit has proven that people learn more, faster through combining social learning mechanics and multi-media learning content to help people teach and learn from others. Grockit.com offers Test Prep services for GMAT, IIM CAT, LSAT, GRE, ACT, SAT and AP Calculus and AP History tests. Grockit has built a social learning test prep platform for license and direct-to-consumer products. Florida Virtual Schools, KIPP Schools, Georgetown University and other schools have deployed Grockit services.
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