Boston-based LearnLaunch Fund + Accelerator has selected five ed tech companies for investment and participation in its newest programme.
The participating start-ups are:
Automation Workz (Detroit, Michigan) which provides personalised tech certification reskilling to prepare people to fill cybersecurity jobs. With assessment and goal-setting technology and methods, Automation WorkZ significantly increases successful completion rates.
CareerDash (Austin, Texas) provides bootcamp programmes that help underserved and underrepresented populations launch careers in client-facing roles.
Empathetics (Boston, Massachusetts) provides software-as-a-service-based empathy and interpersonal skills training for professionals from a range of industries including healthcare, law enforcement, armed forces, financial services and retail.
Julius Education (Boston, Massachusetts) addresses the talent needs of the energy industry transition with solutions to start and grow green careers.
Robo Wunderkind (Vienna, Austria) develops intuitive robotics kits, programming apps, interdisciplinary standards-aligned curriculum, and professional development for teachers to teach STEAM in every classroom.
The companies will take part in LearnLaunch Accelerator’s ‘Breakthrough to scale’ programme, a 12-week primarily virtual experience for them to address opportunities to build upon product market fit momentum, connect with growing customer bases and develop scalable operations.
Founders in the programme are supported by a network of mentors, venture partners and funders, including serial entrepreneur Tiffany Norwood, founder and chief executive of entrepreneurship teaching company Tribetan; Frederick Townes, serial tech founder and chief executive of real estate platform Remine; and Colin Magee, founder and principal consultant of Product Vectors.
LearnLaunch stated that since 2013 it has invested in more than 70 early-stage ed tech companies and its portfolio companies have gone on to raise over $210 million.
Jean Hammond, general partner at LearnLaunch Accelerator, said: “The presence of several workforce-focused companies in the cohort represents the need for innovative solutions that address both learning and future of work in growing industries. Three of the five companies are founded by women and, as a woman-founded and led fund and accelerator, we are proud to continue to support this initiative in leadership.”
Matt Rubins, general partner at LearnLaunch Accelerator, added: “The companies in this cohort span the education technology market landscape and represent a skills-focused approach to solving pressing needs. From hands-on STEM education to workforce upskilling to human-centred professional training, each founding team brings powerful experience in their segment and we’re excited to support their sustainable growth.”
The accelerator programme will culminate with a demo day the week of 19 September in New York in conjunction with EdTech Week and HolonIQ’s Global Impact Summit.
Date Published: 15 June 2022