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Venture Capital News: Fiveable Secures $2.3M

2020-10-14
MILWAUKEE, WI, Fiveable has secured $2.3 million in venture capital funding led by BBG Ventures.
Fiveable, an edtech platform that seeks to democratize learning, has secured $2.3 million in venture capital funding to bridge the gap between content and community. The current funding round, which brings Fiveable's fundraising total to $3.5 million, was led by BBG Ventures.

Additional investors include Metrodora Ventures (Chelsea Clinton's newly launched fund focused on health and learning businesses), Deborah Quazzo, Spero Ventures, Matchstick Ventures, Cream City Venture Capital, 27V, Golden Angel Investors, and SoGal.

Fiveable is an online social learning company that seeks to democratize learning and empower high school students through educational content, community, and collaboration. By providing students with free and engaging resources, Fiveable helps students master complex concepts and skills through interactive live streamed lessons and discussions, fun review games, and study guides. Fiveable was founded in 2018 by educator, activist and entrepreneur Amanda DoAmaral and has since supported 1.5M high school students and helped them achieve a 92% pass rate on the Advanced Placement (AP) exam.
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